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The Direxion Daily Mid Cap Bull 3X Shares seek daily investment result, before fees and expenses, of 300%, of the performance of the S&P Mid Cap 400® Index. There is no guarantee the funds will meet their stated investment objective.
This leveraged ETF seeks 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 or negative three times the return of the benchmark’s cumulative return for periods greater than a day.