Direxion Daily Semiconductor Bull 3X Shares — new fund registration

Direxion Shares ETF Trust registered 4 new fund series on Form 485APOS, filed 2009-11-25. Featured series: Direxion Daily Semiconductor Bull 3X Shares.

Registration

Registrant / trust: Direxion Shares ETF Trust
CIK: 0001424958
Form: 485APOS
Filed: 2009-11-25
State of incorporation: DE
Accession: 0000898432-09-001416
Reported net assets: $16.9B

Series & classes (4)

Series	Class	Ticker	New
Direxion Daily Semiconductor Bull 3X Shares	Direxion Daily Semiconductor Bull 3X Shares	SOXL	Yes
Direxion Daily Semiconductor Bear 3X Shares	Direxion Daily Semiconductor Bear 3X Shares	SOXS	Yes
Direxion Daily Large Cap Bull 2X Shares	Direxion Daily S&P 500 Bull 3X Shares	SPUU	Yes
Direxion Daily Large Cap Bear 2X Shares	Direxion Daily S&P 500 Bear 3X Shares	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.00%
Gross expense ratio: 0.89%
Management fee: 0.75%
Net expense ratio: 0.75%
Other expenses: 0.11%

Investment objective

The Fund seeks daily investment results, before fees and expenses, of 300% 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.

Advisers

RAFFERTY ASSET MANAGEMENT, LLC (Advisor)