Direxion World Without Waste ETF (WWOW)

Overview

The fund is an investment vehicle that focuses on the transition of the economy towards a more sustainable and circular framework. By primarily investing in securities included in or similar to those in the Indxx's designed index, the fund targets issuers pivotal to moving from a linear system, marked by single use and ownership, to a model favoring multi-ownership and reuse. This approach reflects a commitment to capturing the growth potential within the evolving economic landscape, which increasingly values resource efficiency and sustainability. The fund opts for a non-diversified investment strategy, concentrating its assets to potentially maximize returns from this emerging sector.

Products and Services

The fund offers a specialized investment product focused on the shift towards a circular economy:

• Investment in Circular Economy Index
  The core offering revolves around investing at least 80% of its net assets in securities that are part of, or have economic characteristics similar to, the designed index by Indxx, LLC. This index is specifically comprised of issuers that play a significant role in the transition from a linear to a circular economy model. This encompasses companies involved in activities that promote reuse, recycling, and more efficient resource utilization, aiming to capture the growth of industries leading this economic shift.