NEW YORK, March 2, 2022 /PRNewswire/ -- Due to the
increased market volatility and restrictions on Russian securities
and related exposure, resulting from sanctions and other measures
imposed on Russia by the United States and other countries in
response to its invasion of Ukraine, the Direxion Daily Russia Bull 2X
Shares will be underexposed to the market today. At market open,
the Direxion Daily Russia Bull 2X Shares will have the following
exposure. This reduced exposure is for today, March 02, 2022, only.
Fund
Name
|
Ticker
|
March 02, 2022
Exposure
|
Direxion Daily Russia
Bull 2X Shares
|
RUSL
|
83%
|
About Direxion:
Direxion equips investors who are driven by conviction
with ETF solutions built for purpose and fine-tuned for precision.
These solutions are available for a broad spectrum of investors,
whether executing short-term tactical trades, or investing in
thematic strategies. Direxion's reputation is founded on developing
products that precisely express market perspectives and allow
investors to manage their risk exposure. Founded in 1997, the
company has approximately $30.8
billion in assets under management as of December 31, 2021. For more information, please
visit www.direxion.com.
There is no guarantee that the Funds will achieve their
investment objectives.
For more information on all Direxion Shares daily leveraged
ETFs, go to www.direxion.com, or call us at
866.301.9214.
Leveraged ETFs are not suitable for all investors and should be
utilized only by investors who understand the risks associated with
seeking daily leveraged and inverse investment results, and intend
to actively monitor and manage their investments. Due to the daily
nature of the leveraged and inverse investment strategies employed,
there is no guarantee of long-term inverse returns. Past
performance is not indicative of future results.
An investor should carefully consider a Fund's investment
objective, risks, charges, and expenses before investing. A Fund's
prospectus and summary prospectus contain this and other
information about the Direxion Shares. To obtain a Fund's
prospectus and summary prospectus call
866-716-0735 or visit our website at
direxion.com. A Fund's prospectus and summary prospectus should be
read carefully before investing.
Direxion Shares Risks - An investment in the ETFs
involves risk, including the possible loss of principal. The ETFs
are non-diversified and include risks associated with concentration
that results from an ETF's investments in a particular industry or
sector which can increase volatility. The use of derivatives such
as futures contracts and swaps are subject to market risks that may
cause their price to fluctuate over time. The ETFs do not attempt
to, and should not be expected to, provide returns which are a
multiple of the return of their respective index for periods other
than a single day. For other risks including leverage, correlation,
daily compounding, market volatility and risks specific to an
industry or sector, please read the prospectus.
Distributor: Foreside Fund Services, LLC.
CONTACT: James Doyle
JConnelly
973.850.7308
jdoyle@jconnelly.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/rusl-underexposed-at-market-open-301493742.html
SOURCE Direxion