live off grid, grow & harvest 100% of my own food. Wilderness Guild
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DIREXION SHARES ETF TRUST
DIREXION DAILY GOLD MINERS INDEX BULL 3X SHARES (NUGT)
DIREXION DAILY JUNIOR GOLD MINERS INDEX BULL 3X SHARES (JNUG)
DIREXION DAILY BRAZIL BULL 3X SHARES (BRZU)
DIREXION DAILY REAL ESTATE BULL 3X SHARES (DRN)
DIREXION DAILY 20+ YEAR TREASURY BULL 3X SHARES (TMF)
Supplement dated July 26, 2016 to the
Summary Prospectuses, Prospectuses and Statement of Additional Information (“SAI”)
The Board of Trustees of the Direxion Shares ETF Trust (“Trust”) has approved, based on the recommendation of Rafferty Asset Management, LLC, the investment adviser to the Direxion Daily Gold Miners Index Bull 3X Shares (NUGT), Direxion Daily Junior Gold Miners Index Bull 3X Shares (JNUG), Direxion Daily Brazil Bull 3X Shares (BRZU), Direxion Daily Real Estate Bull 3X Shares (DRN) and the Direxion Daily 20+ Year Treasury Bull 3X Shares (TMF) (each a “Fund” and collectively the “Funds”), share splits of the issued and outstanding shares of the Funds.
After the close of the markets on August 24, 2016 (the “Payable Date”), each Fund will affect a split of its issued and outstanding shares as follows:Forward Split Ratio
Approximate increase in total number of outstanding shares
Direxion Daily Junior Gold Miners Index Bull 3X Shares (JNUG)
10 for 1
900%
Direxion Daily Gold Miners Index Bull 3X Shares (NUGT)
5 for 1
400%
Direxion Daily Brazil Bull 3X Shares (BRZU)
4 for 1
300%
Direxion Daily Real Estate Bull 3X Shares (DRN)
4 for 1
300%
Direxion Daily 20+ Year Treasury Bull 3X Shares (TMF)
4 for 1
300%
As a result of these share splits, shareholders of each Fund will receive four, five or ten shares for each share held of the applicable Fund as indicated in the table above. Accordingly, the number of each Fund’s issued and outstanding shares will increase by the approximate percentage indicated above.
All share splits will apply to shareholders of record as of the close of NYSE Arca, Inc. (the “NYSE Arca”) on August 23, 2016 (the “Record Date”), payable after the close of the NYSE Arca on the Payable Date. Shares of the Funds will begin trading on the NYSE Arca on a split-adjusted basis on August 25, 2016 (the “Ex-Date”). On the Ex-Date, the opening market value of each Fund’s issued and outstanding shares, and thus a shareholder’s investment value, will not be affected by the share split. However, the per share net asset value (“NAV”) and opening market price on the Ex-Date will be approximately one-fourth, one-fifth or one-tenth for the Funds. The tables below illustrate the effect of a hypothetical four-for-one, five-for-one and ten-for-one split on a shareholder’s investment.
4-for-1 Share Split
Period # of Shares Owned Hypothetical NAV Total Market Value
Pre-Split 100 @ $40 = $4,000
Post-Split 400 @ $10 $4,000
5-for-1 Share Split
The Trust’s transfer agent will notify the Depository Trust Company (“DTC”) of the forward split and instruct DTC to adjust each shareholder’s investment(s) accordingly. DTC is the registered owner of the Funds’ shares and maintains a record of the Funds’ record owners.
The share splits will not result in a taxable transaction for holders of the Funds’ shares. No transaction fees will be imposed on shareholders in connection with the share splits.
* * * * *
Please retain a copy of this Supplement with your Summary Prospectus, Prospectus and SAI
Gold is in a comeback, Future for June and July look as if High will be $1350 and Low will be $1260, with avg $1270. Now take in consideration China and Vietnam tensions and the US lifting Military equipment trading is going to set China off who is buying gold at an extremely high rate. We shall see what happens. I'm betting on a record high, right now is about as low as gold should go, Someones going to make a lot of Money and I'm buying all i can. I want to catch the ride. Buy low and hold, buy low and Hold. only selling when it brakes $1900 oz. or higher.
$4.76 close. as Gold jumps all over chart, Sign of a pop, Watch Gold chart over night and seat belts are suggested. I think Gold is making a move up! How high will it go and when?
last min buy low, or miss the ride
Good time to buy in, should go up now, great opportunity to get in low. Good Luck all
Back in at $4.83 now lets take it to the top. rest of month should be good for gold. braking $5.00 here soon and beyond. What do you all think?
It's not done, but I too just sold off and plan on watching for a drop, then i will buy back in. This is not over but i'm riding the roller coaster to profits. Probably Tuesday buy back in, if my thoughts are right. Good Luck :)
I told you over 1200 lol, and we have lift off. Yeah.
Yes, seem gold cost per oz, to be a 4 to 5 day float after 3 days up. Did it at 1170, now at 1290s, next 1200s Friday or mondsy. Still looks good for a few weeks, after 18th will know more
Yup, it will happen, materials of time, still think with in 2 years we brake records
I think so too. Not impatient my statement was positive just saying if pass 1200 we are going to keep going up till June but if not then I think the ride might end sometime in March but I think we will see to your gains positive for the next two years lmo
but it must pass the 1200 for me to say long investment, just don't seem like it wanted to pass it, almost and the day is young. :)
Price of Gold plays near the $1200 oz lv. This would be the sign of a definite rally long term IMO.
Yes gold past $1160 we are up up and away now. Looks goid
Should have been out, they said 830 am east. Search for it now my self.
Muahahah Yes sell at $50.00. Lock that price in or a $3.00 trail
I think most are waiting for the Jobs report, then we will see what direction this is going to go.
I was thinking 1140 lowest , 1130 I don't know if I would have the faith to wait and see. But I don't think 1130 will come any time soon. Imo.
$1180 oz Gold will be the sign of long term gain, $1150 oz Is warning start watching and get ready to sell, $1145-$1140 oz, and it's on the way back down. Next Bottom March at $1060- $1040, then steady growth rest of year. IMO.
your not still worried are you ? lol up we go
up we go with no stop in sight for next 2 weeks IMO
haha Love it, so up it is :)
Up, UP and away! how far can it go up? where do you all think this will stop? if it Stops? gold forecast price to rise for rest of Feb!!! the new Gold Rush ? your thoughts everyone???
Glad i got back in, more importantly, glad it's preforming like it should. about time, Not how long will this last? how high will Gold go ? could we see $1200?
Yes that's normal once everyone gets here and after the hedge fund have their way lol.
All signs pointing straight up from here should be a good ride for a while. The next 2 years are going to be golden record years.
I think it should be doing a lot better. Should be at $2 already. Trying to see why people think it should not have hit 2 last week. What do you think?
Thinking about it. I have ABX AU GDX NEM & play with NUGT some. Interested to see what people think about GG and AUY as I sold off all shares for same reason, one GG is over priced I think and AUY is under performing, but I could be wrong. I don't like penny gold. With that said, what stocks in Gold do you ( everyone ) like and why. and why do you Like AUY?
Everyone is entitled to their opinion you know the rest of the saying right glad for you to stay in along with a lot of other people I'm just one guy and this is a forum about people talking about the stock good bad or ugly matters not that's what these forms are if you can't take the bad with the good my suggestion to you would be go somewhere where it might be all pink flowers and roses for you I'm not trying to be rude I'm not trying to chase you off or tell you not to buy the stock I was simply giving my opinion and having a discussion about why the stock was not going up just like OTC has a good conversation with me about what is happening I wish you guys the best of luck I invest to make money when I'm not making money I move it somewhere else that's all again best of luck to you
I don't knoe? AUY is no good. Something is amist with them, gold go's way up, so I sold all my stock and moved it yesterday. Made everything back and then some. I'm not going down with the ship that there's something funny going on but there's no excuse for that stock to stay where it is when with lower told Price we were at 2:36 and it can't even break to with a three-month high in gold didn't want to lose over 40 k pulling out early but like I said and one day I made it back with the other stocks with profit. I'm watching the other stocks right now but let me know if you hear anything about this new news
I see the future! NO Hike from fed
Gold gets boost, and Nugt gets invaded with more hedgers playing there games to $25+ a share. Might even hit $30 by friday. then a sell off next week or 2, Mid Feb POP, gold sores and starts climb to new high.
OK there i said it. Now my rep is on the line, haha. Good Luck all, waiting on funds and buying more at open regardless of price. Im going all in, :)
yes, look at that Gold about to brake $1120 oz and AUY still drifting as all others sore. I still holding what I have left in here but when everyone one in market square sells fresh hot bread and every vender sells like mad but you, makes me think that bread is stale. lol.
We will see what the feds do. Then things get real for the shiny
not happy with performance, sold half my stock and put it in NUGT , in at 23.21 and loving this ride. already made way more money there in one hour then i did with AUY in one month. just don't like that AUY not going up like the rest, i don't trust it. ill hold the rest and wait to see if it hits $2,00 but then im out of this stock.
ok selling it now, topped out. wait for a mid to end of week dip, then see what the feds do, hike sell, no hike buy and buy fast. lol
Got in low and loving it. ABX is doing good too, just waitin for AUY to pop
well this looks sad, why all other gold stock up yet AUY seems sluggish? everything looks good, just not going up, bit confusing?
Let's hope so
or not, lol is this the dip he was talking about before the lift ??