Direxion Daily S&P500 Bull 3X Shares SPXL.MX · ETF Open Direxion Daily S&P500 Bull 3X Shares in new tab
Direxion Daily S&P500 Bull 3X Shares Analysis (SPXL.MX)
Investment Objective: Direxion Daily S&P500 Bull 3X Shares is an investment vehicle . It is currently trading at 4800.00 MXN.
Strategy: The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index, that, in combination, …
Income: This appears to be an accumulating fund (dividends are reinvested) or focuses purely on capital growth.
Investor FAQ
Does Direxion Daily S&P500 Bull 3X Shares pay a dividend?
No, it does not currently pay a dividend.
What asset class is Direxion Daily S&P500 Bull 3X Shares?
Direxion Daily S&P500 Bull 3X Shares is classified as a ETF.
Fund Strategy
The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index is designed to be comprised of stocks that are the 500 leading, large-cap U.S.-listed issuers. The fund is non-diversified.
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