DIREXION FUNDS registered 2 new fund series on Form 485APOS, filed 2008-11-26. Featured series: Financial Trends Strategy Fund.
| Series | Class | Ticker | New |
|---|---|---|---|
| Financial Trends Strategy Fund | Investor Class | — | Yes |
| Financial Trends Strategy Fund | Service Class | — | Yes |
| Direxion/Wilshire Dynamic Fund | Investor Class | — | Yes |
| Direxion/Wilshire Dynamic Fund | Service Class | — | Yes |
The Direxion Currency Trends Strategy Plus Fund (formerly known as the Currency Trends Strategy Fund and the Financial Trends Strategy Fund) seeks investment results, before fees and expenses, of 150% of the calendar month performance of the Alpha Financial FX Trends Index (“FXTI”), while implementing a strategic overlay to maintain the Fund’s exposure to the FXTI between 145% and 155%. The Fund seeks calendar month leveraged investment results and does not seek its objective for a different period of time. The Fund is designed to be utilized only by knowledgeable investors who understand the…