DIREXION MONTHLY HIGH YIELD BULL 1.2X FUND — new fund registration

DIREXION FUNDS registered 1 new fund series on Form 485APOS, filed 2015-11-20. Featured series: DIREXION MONTHLY HIGH YIELD BULL 1.2X FUND.

Registration

• Registrant / trust: DIREXION FUNDS
• CIK: 0001040587
• Form: 485APOS
• Filed: 2015-11-20
• State of incorporation: MA
• Accession: 0001193125-15-383566
• Reported net assets: $7.7M

Series & classes (1)

Fees (from the effective prospectus)

• 12b-1 fee: 0.25%
• Gross expense ratio: 2.04%
• Management fee: 0.75%
• Net expense ratio: 1.70%
• Other expenses: 0.69%

Investment objective

The Fund seeks monthly investment results, before fees and expenses, of 120% of the calendar month performance of the Index. The Fund does not seek to achieve its stated investment objective for a period of time different than a full calendar month .

Advisers

• RAFFERTY ASSET MANAGEMENT, LLC (Advisor)

Other filings by this registrant (15)

• 485APOS — 2022-06-02
• 485APOS — 2018-04-30
• 485APOS — 2018-03-29 (1 new series)
• 485APOS — 2017-11-03
• 485APOS — 2016-09-30
• 485APOS — 2016-01-14 (8 new series)
• 485APOS — 2015-07-02 (2 new series)
• 485APOS — 2015-04-02
• 485APOS — 2014-07-30 (2 new series)
• 485APOS — 2013-11-14 (2 new series)
• 485APOS — 2013-07-26
• 485APOS — 2013-06-20 (3 new series)

More

• Registrant profile: DIREXION FUNDS
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