DIREXION DAILY SOUTH KOREA BULL 3X DIREXION DAILY SOUTH KOREA BULL 3X SHAREDIREXION DAILY SOUTH KOREA BULL 3X DIREXION DAILY SOUTH KOREA BULL 3X SHAREDIREXION DAILY SOUTH KOREA BULL 3X DIREXION DAILY SOUTH KOREA BULL 3X SHARE

DIREXION DAILY SOUTH KOREA BULL 3X DIREXION DAILY SOUTH KOREA BULL 3X SHARE

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Key stats


Assets under management (AUM)
‪107.06 M‬USD
Fund flows (1Y)
‪84.45 M‬USD
Dividend yield (indicated)
3.15%
Discount/Premium to NAV
1.9%
Shares outstanding
‪24.20 M‬
Expense ratio
1.34%

About DIREXION DAILY SOUTH KOREA BULL 3X DIREXION DAILY SOUTH KOREA BULL 3X SHARE


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Inception date
Apr 11, 2013
Structure
Open-Ended Fund
Index tracked
MSCI Korea 25-50
Replication method
Synthetic
Management style
Passive
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
KORU is an aggressive, one-day bet on South Korean equities. The fund seeks to provide 3x the performance of the MSCI Korea 25/50 Index. Samsung Electronics makes up a big chunk of the index, so any large swings in the electronics giants stock will likely be amplified in KORUs returns. The fund rebalances its leverage on a daily basis, so KORU is strictly meant to be a short-term trading vehicleif held for longer periods, the compounding effects of the daily rebalance could lead to significant differences from the expected returns path.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Vanilla
Geography
South Korea
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Cash
Stock breakdown by region
100%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.