CHAD Stock, Direxion Daily CSI 300 China A Shares Bear 1X Shares Information

The Fund seeks daily investment results before fees and expenses of 100% of the inverse or opposite of the daily performance of the Index. The Fund does not seek to achieve its stated investment objective for a period of time different than a trading day The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short exposure to the index equal to at least 80% of the funds net assets (plus borrowing for investment purposes). The index is a modified free-float market capitalization weighted index comprised of the largest and most liquid stocks in the Chinese A-share market. The fund is non-diversified.