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NEED Stock, Direxion Daily Consumer Staples Bull 3X Shares Information

Stock Information

Company Name: Direxion Daily Consumer Staples Bull 3X Shares
Stock Symbol: NEED
Market: NYSE

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About Direxion Daily Consumer Staples Bull 3X Shares

The investment seeks daily investment results before fees and expenses of 300% of the daily performance of the Consumer Staples Select Sector Index . The fund normally invests at least 80% of its net assets in financial instruments and securities of the index ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index includes domestic companies from the consumer staples sector which includes the following industries food and staples retailing household products food products beverages tobacco and personal products. The fund is nondiversified. The fund normally invests at least 80% of its net assets in financial instruments and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index.