Financial Optimization through Technology Innovation

Featured Advisor:
Dean L. Boebinger
Houston, TX
(713) 961-0462

Fund Mojo

Promote Your Page Too

Partner Sites

Annuities

Mutual Fund Insights: Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX)

In-depth Analysis of Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX)

Last Trade: $22.51 on 9/2/2010, Change: -0.24 (-1.05%)

Mutual fund chart: Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX)

3 months
6 months
1 year
3 year
5 year

See Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX) performance details as of July 31, 2010

Fund Manager - Paul Brigandi

Fund Manager Tenure: 4.3 years [Similar Funds: DXDDX DXQSX DXSSX ]
Fundmojo Fund Grade: N/A (Score: Manager deploys a bear strategy) (What does this score mean?)

Brigandi has been a portfolio manager at Rafferty Asset Management since June 2004. He was previously involved in the equity trading training program for Fleet Boston Financial Corporation from August 2002 to April 2004. Get more insights on Paul Brigandi

What we like about Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX)

Data for Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX) as of July 31, 2010

Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX) management has been with Direxion Mthly Dev Mkts Bear 2X Fund for 4.3 years
Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX) has a lower management fee than its Bear Market average: 1.84% vs 2.00%

What we are cautious about Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX)

Data for Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX) as of July 31, 2010

Direxion Mthly Dev Mkts Bear 2X Fund is a focused fund with 86.21% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX) has a less-than-ideal short-term performance (1-year return -23.67% vs -22.39% Bear Market category median performance)
Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX) has a less-than-ideal mid-term performance (3-year return -15.88% vs -10.00% Bear Market category median performance)
Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX) ratio of up-years vs down years can be improved
Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX) is less safe compared to its Bear Market peers
Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX) is more volatile than its peers as it has a 3-year Standard Deviation of 47.89 that is higher than category average of 30.35
Even though Direxion Mthly Dev Mkts Bear 2X Fund carries no load, it does have a 0.25% of 12b1 promotion, distributions, marketing expenses

See Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX) performance details as of July 31, 2010

Interested in other top mutual funds in similar Bear Market category?

Below are some additional Bear Market mutual funds generated out of our database

See top fund managers for Bear Market Category Funds

Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX) Net Asset

Track net asset change of Direxion Mthly Dev Mkts Bear 2X fund (DXDSX)

Date	Net Asset
06/2010	$8.68M
05/2010	$4.18M
04/2010	$1.89M

More historic net asset information on Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX)

Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX) Portfolio Allocation

Track portfolio allocation change of Direxion Mthly Dev Mkts Bear 2X fund (DXDSX)

Date	Cash	Stock	Bond	Other
05/2010	100%	0%	0%	0%
02/2010	100%	0%	0%	0%
11/2009	100%	0%	0%	0%

Click here to see more historic asset allocation information on Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX)

Most Recent Top 10 Holdings in Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX)

Discover what Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX) manager is buying

May 31, 2010

Efa Csfb Bullet Swap [486.21%]
Goldman Sachs FS Government FST [100%]

28-Feb-10

Efa Csfb Bullet Swap [466.61%]
Goldman Sachs FS Government FST [100%]

30-Nov-09

Efa Csfb Bullet Swap [530.31%]
Goldman Sachs FS Government FST [100%]

Click here for Stock Holding Change Map in Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX)

Latest News on Direxion Mthly Dev Mkts Bear 2X (DXDSX)

See what is happening with Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX)

Split Bares Weakness in Leveraged Funds

See more news on Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX)

See more information on Direxion Mthly Dev Mkts Bear 2X Fund (DXDSX)

Data is provided for informational purposes only, and is not intended for trading purposes. Although data are gathered from sources believed to be reliable, Fund Mojo and its content providers cannot guarantee completeness and accuracy. Performance data quoted represents past performance. Fund Mojo and its content providers accept no liability for reliance on this data.