# Direxion Monthly NASDAQ-100(R) Bull 1.25X Fund — new fund registration

DIREXION FUNDS registered 8 new fund series on Form 485APOS, filed 2016-01-14. Featured series: Direxion Monthly NASDAQ-100(R) Bull 1.25X Fund.

## Registration

- Registrant / trust: DIREXION FUNDS
- CIK: 0001040587
- Form: 485APOS
- Filed: 2016-01-14
- State of incorporation: MA
- Accession: 0001193125-16-429886
- Reported net assets: $7.9M

## Series & classes (8)

| Series | Class | Ticker | New |
| --- | --- | --- | --- |
| [Direxion Monthly NASDAQ-100(R) Bull 1.25X Fund](https://search.stillhousedata.com/fund/S000053315) | Direxion Monthly NASDAQ-100(R) Bull 1.25X Fund | DXNLX | Yes |
| [Direxion Monthly NASDAQ-100(R) Bear 1.25X Fund](https://search.stillhousedata.com/fund/S000053316) | Direxion Monthly NASDAQ-100(R) Bear 1.25X Fund | — | Yes |
| [Direxion Monthly NASDAQ Biotechnology Bear 1.25X Fund](https://search.stillhousedata.com/fund/S000053317) | Direxion Monthly NASDAQ Biotechnology Bear 1.25X Fund | — | Yes |
| [Direxion Monthly MSCI Europe Bear 1.25X Fund](https://search.stillhousedata.com/fund/S000053318) | Direxion Monthly MSCI Europe Bear 1.25X Fund | — | Yes |
| [Direxion Monthly MSCI EAFE Bear 1.25X Fund](https://search.stillhousedata.com/fund/S000053319) | Direxion Monthly MSCI EAFE Bear 1.25X Fund | — | Yes |
| [Direxion Monthly NASDAQ Biotechnology Bull 2X Fund](https://search.stillhousedata.com/fund/S000053320) | Direxion Monthly NASDAQ Biotechnology Bull 2X Fund | — | Yes |
| [Direxion Monthly MSCI Europe Bull 2X Fund](https://search.stillhousedata.com/fund/S000053321) | Direxion Monthly MSCI Europe Bull 2X Fund | — | Yes |
| [Direxion MSCI EAFE Bull 2X Fund](https://search.stillhousedata.com/fund/S000053322) | Direxion MSCI EAFE Bull 2X Fund | — | Yes |

## Fees (from the effective prospectus)

- 12b-1 fee: 0.25%
- Gross expense ratio: 2.57%
- Management fee: 0.75%
- Net expense ratio: 1.34%
- Other expenses: 1.45%

## Investment objective

The Fund seeks monthly investment results, before fees and expenses, of 125% 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)](https://search.stillhousedata.com/firm/112526)

## Other filings by this registrant (15)

- [485APOS — 2022-06-02](https://search.stillhousedata.com/launch/0001193125-22-166306)
- [485APOS — 2018-04-30](https://search.stillhousedata.com/launch/0001193125-18-143327)
- [485APOS — 2018-03-29 (1 new series)](https://search.stillhousedata.com/launch/0001193125-18-102076)
- [485APOS — 2017-11-03](https://search.stillhousedata.com/launch/0001193125-17-332952)
- [485APOS — 2016-09-30](https://search.stillhousedata.com/launch/0001193125-16-727700)
- [485APOS — 2015-11-20 (1 new series)](https://search.stillhousedata.com/launch/0001193125-15-383566)
- [485APOS — 2015-07-02 (2 new series)](https://search.stillhousedata.com/launch/0001104659-15-049576)
- [485APOS — 2015-04-02](https://search.stillhousedata.com/launch/0001104659-15-025546)
- [485APOS — 2014-07-30 (2 new series)](https://search.stillhousedata.com/launch/0001193125-14-287183)
- [485APOS — 2013-11-14 (2 new series)](https://search.stillhousedata.com/launch/0001193125-13-442284)
- [485APOS — 2013-07-26](https://search.stillhousedata.com/launch/0001193125-13-304718)
- [485APOS — 2013-06-20 (3 new series)](https://search.stillhousedata.com/launch/0001193125-13-265718)

## More

- [Registrant profile: DIREXION FUNDS](https://search.stillhousedata.com/registrant/1040587)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/launch/0001193125-16-429886.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.
