Overview:
The Direxion Daily Developed Markets Bull 3x Shares seek daily investment results, before fees and expenses, of 300% of the the performance of the MSCI EAFE Index. There is no guarantee that the funds will meet their stated investment objectives.
These leveraged ETFs seek a return that is 300% of the return of their benchmark index for a single day. The funds should not be expected to provide three times the return of the benchmark’s cumulative return for periods greater than a day.