Direxion Daily Natural Gas Related Bull 3X Shares (GASL)

Overview

The investment described is a financial vehicle that aims to offer investors triple the daily performance of the ISE-Revere Natural Gas IndexTM. This goal is pursued before the deduction of fees and expenses associated with the fund's operation. Specifically designed for investors seeking high leverage in the natural gas market, the fund attempts to capitalize on both immediate market shifts caused by news events and the long-term trends observed within the natural gas industry. It is important for potential investors to note that this fund adopts a non-diversified investment approach.

Products and Services

Financial Instruments and Securities: The fund invests primarily in a mix of financial instruments. These include swap agreements and securities that are directly related to the performance of the ISE-Revere Natural Gas IndexTM. This strategic selection of investments is designed to provide the leveraged return objective the fund aims to achieve.

Exchange-Traded Funds (ETFs): In addition to specific financial instruments, the investment strategy includes putting capital into ETFs that closely track the performance of the natural gas index. These ETFs are a crucial component of the fund's portfolio, enhancing its ability to mirror the targeted index's movements.

Leveraged Daily Exposure: One of the key features of this investment is its commitment to offering 300% of the daily performance of the natural gas index. Through carefully selected swap agreements, ETFs, and other financial instruments, the fund seeks to magnify the daily performance results, aiming to benefit from both the quick changes in the market and longer-term industry trends.