YANG - Direxion Daily FTSE China Bear 3X Shares
|Ex-Dividend Date||Mar 24, 2020|
|Trading Day||April 21|
|Day's Range||13.53 - 14.07|
|52-Week Range||9.34 - 45.24|
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the FTSE China 50 Index. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index consists of the 50 largest and most liquid public Chinese companies currently trading on the Hong Kong Stock Exchange (SEHK). The fund is non-diversified.
|Asset Class |
|Inception Date |
Dec 3, 2009
|Ticker Symbol |
|Index Tracked |
FTSE China 50 Index
|Mar 24, 2020||$0.109||Mar 31, 2020|
|Dec 23, 2019||$0.096||Dec 31, 2019|
|Sep 24, 2019||$0.169||Oct 1, 2019|
|Jun 25, 2019||$0.19||Jul 2, 2019|
|Mar 19, 2019||$0.146||Mar 26, 2019|
|Dec 27, 2018||$0.21||Jan 4, 2019|
ETF traders looking for an inverse angle on China funds have been having some success with the Daily FTSE China Bear 3X Shares (YANG). The fund is up 5% the past month, but are the bulls ready to start ...
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