Summary
FAS Chart
First Andes Silver Secures Drilling Contractor for Upcoming 2000 Meter Program at Santas Gloria, Peru
Vancouver, British Columbia--(Newsfile Corp. - May 23, 2025) - FIRST ANDES SILVER LTD. (TSXV: FAS) (OTC Pink: MSLVF) (FSE: 9TZ0) (the "Company" or "First Andes") today announced that it has secured SPF Drilling S.A.C.
Direxion Daily Financial Bull 3X: Not For Building Long-Term Investment Portfolios
Leveraged ETFs, like the Direxion Daily Financial Bull 3X ETF, are designed for day trading, not long-term investing, due to their daily reset mechanism. Holding leveraged ETFs beyond a single day can result in losses, even if the underlying index remains flat, due to the compounding effects of leverage. Leveraged ETFs are suitable for traders looking to hedge short-term positions or speculate on market movements, not for building long-term investment portfolios.
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Wall Street was moderately upbeat last week.
Direxion Daily Financial Bull 3x Shares Dividends
 FAS 5 months ago Paid | Quarterly | $0.19 Per Share |
| FAS 8 months ago Paid | Quarterly | $0.32 Per Share |
| FAS 11 months ago Paid | Quarterly | $0.27 Per Share |
| FAS 19 Mar 2024 Paid | Quarterly | $0.36 Per Share |
| FAS 21 Dec 2023 Paid | Quarterly | $0.38 Per Share |
Direxion Daily Financial Bull 3x Shares Earnings
| FAS 5 months ago Paid | Quarterly | $0.19 Per Share |
| FAS 8 months ago Paid | Quarterly | $0.32 Per Share |
| FAS 11 months ago Paid | Quarterly | $0.27 Per Share |
| FAS 19 Mar 2024 Paid | Quarterly | $0.36 Per Share |
| FAS 21 Dec 2023 Paid | Quarterly | $0.38 Per Share |
Direxion Daily Financial Bull 3x Shares (FAS) FAQ
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Direxion Daily Financial Bull 3x Shares Profile
| ARCA Exchange | US Country |
Overview
The fund is designed for investors looking for aggressive investment strategies, with a focus on the financial sector. It aims to offer thrice the daily leveraged exposure to its underlying index, which encompasses a broad spectrum of industries within the financial sector, including banks, mortgage finance, diversified financial services, consumer finance, capital markets, insurance, and mortgage REITs. This aggressive strategy is implemented through the use of financial instruments such as swap agreements, securities of the index, and ETFs tailored to track the index. Given its concentrated strategy, the fund is non-diversified, directing a significant portion of its assets towards achieving its investment objective.
Products and Services
- Swap Agreements:
These are derivative contracts through which two parties exchange the cash flows or liabilities from two different financial instruments. In the context of this fund, swap agreements are used to gain leveraged exposure to the underlying index without directly owning the securities.
- Securities of the Index:
Direct investment in stocks or other securities that are constituents of the targeted index. This approach allows the fund to closely track the performance of the financial sectors it aims to emulate.
- ETFs that Track the Index:
Exchange-Traded Funds (ETFs) which replicate the performance of the index. This offers the fund an additional layer of diversification and exposure to the financial sector, contributing to its 3X daily leveraged objective.
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