Mutual Fund Insights: Direxion 10 Year Note Bull 2.5X Inv Fund (DXKLX)

In-depth Analysis of Direxion 10 Year Note Bull 2.5X Inv Fund (DXKLX)

3 months 6 months 1 year 3 year 5 year

See Direxion 10 Year Note Bull 2.5X Inv Fund (DXKLX) performance details as of January 31, 2010

  

Last Trade: $25.66 on 3/18/2010, Change: -0.16 (-0.62%)

  

Fund Manager - Paul Brigandi

Fund Manager Tenure: 4.9 years
Fundmojo Fund Grade: B (Score: 0.6)     (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 10 Year Note Bull 2.5X Inv Fund (DXKLX)

Data for Direxion 10 Year Note Bull 2.5X Inv Fund (DXKLX) as of January 31, 2010

• Direxion 10 Year Note Bull 2.5X Inv Fund (DXKLX) management has been with Direxion 10 Year Note Bull 2.5X Inv Fund for 4.9 years
• Direxion 10 Year Note Bull 2.5X Inv Fund (DXKLX) has good mid-term performance (3-year return 13.62% vs 6.78% Long Government category average)
• Direxion 10 Year Note Bull 2.5X Inv Fund (DXKLX) has a Morningstar rating of 4 and above

  

 What we are cautious about Direxion 10 Year Note Bull 2.5X Inv Fund (DXKLX)

Data for Direxion 10 Year Note Bull 2.5X Inv Fund (DXKLX) as of January 31, 2010

• Direxion 10 Year Note Bull 2.5X Inv Fund (DXKLX) has a less-than-ideal short-term performance (1-year return -7.80% vs -4.33% Long Government category average)
• Direxion 10 Year Note Bull 2.5X Inv Fund (DXKLX) ratio of up-years vs down years can be improved
• Direxion 10 Year Note Bull 2.5X Inv Fund (DXKLX) is less safe compared to its Long Government peers
• Direxion 10 Year Note Bull 2.5X Inv Fund (DXKLX) has an annual stock turnover rate of 2327.00% that is higher than the Long Government average of 659.29%. This could mean Direxion 10 Year Note Bull 2.5X Inv is more nimble, but also signal potential high tax impact and high trading fees
• Direxion 10 Year Note Bull 2.5X Inv Fund (DXKLX) is more volatile than its peers as it has a 3-year Standard Deviation of 21.34 that is higher than category average of 16.16
• Direxion 10 Year Note Bull 2.5X Inv Fund (DXKLX) has a higher management fee of 1.93% than its Long Government average of 0.94%
• Even though Direxion 10 Year Note Bull 2.5X Inv Fund carries no load, it does have a 0.25% of 12b1 promotion, distributions, marketing expenses

See Direxion 10 Year Note Bull 2.5X Inv Fund (DXKLX) performance details as of January 31, 2010

  

  

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Direxion 10 Year Note Bull 2.5X Inv Fund (DXKLX) Net Asset

Track net asset change of Direxion 10 Year Note Bull 2.5X Inv fund (DXKLX)

Date	Net Asset
01/2010	$21.02M
11/2009	$26.23M
10/2009	$21.92M

More historic net asset information on Direxion 10 Year Note Bull 2.5X Inv Fund (DXKLX)

  

Direxion 10 Year Note Bull 2.5X Inv Fund (DXKLX) Portfolio Allocation

Track portfolio allocation change of Direxion 10 Year Note Bull 2.5X Inv fund (DXKLX)

Date	Cash	Stock	Bond	Other
11/2009	17.13%	0%	82.87%	0%
08/2009	15.86%	0%	84.14%	0%
05/2009	18.38%	0%	81.62%	0%

Click here to see more historic asset allocation information on Direxion 10 Year Note Bull 2.5X Inv Fund (DXKLX)

  

Most Recent Top 10 Holdings in Direxion 10 Year Note Bull 2.5X Inv Fund (DXKLX)

Discover what Direxion 10 Year Note Bull 2.5X Inv Fund (DXKLX) manager is buying

30-Nov-09 Us Treasury Index Tr Swap Credit Suisse [82.87%] Goldman Sachs FS Government FST [17.13%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%]

31-Aug-09 Us Treasury Index Tr Swap Credit Suisse [55.58%] US Treasury Note 3.125% [28.56%] Goldman Sachs FS Government FST [15.86%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%]

31-May-09 US Treasury Note [81.62%] Goldman Sachs FS Government FST [18.38%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%]

Click here for Stock Holding Change Map in Direxion 10 Year Note Bull 2.5X Inv Fund (DXKLX)

  

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Latest News on Direxion 10 Year Note Bull 2.5X Inv (DXKLX)

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See more information on Direxion 10 Year Note Bull 2.5X Inv Fund (DXKLX)

• Direxion 10 Year Note Bull 2.5X Inv Fund Insights
• Direxion 10 Year Note Bull 2.5X Inv Fund Performance Data
• Direxion 10 Year Note Bull 2.5X Inv Fund News
• Direxion 10 Year Note Bull 2.5X Inv Fund Score Explaination
• Direxion 10 Year Note Bull 2.5X Inv Fund Manager Information
• Historic Direxion 10 Year Note Bull 2.5X Inv Fund Asset Allocation Report
• Historic Direxion 10 Year Note Bull 2.5X Inv Fund Top 10 Holding Tracking
• Historic Direxion 10 Year Note Bull 2.5X Inv Fund Asset Under Management Tracking