Direxion Auspice Broad Commodity Strategy ETF — new fund registration

Direxion Shares ETF Trust registered 1 new fund series on Form 485APOS, filed 2016-05-26. Featured series: Direxion Auspice Broad Commodity Strategy ETF.

Registration

Registrant / trust: Direxion Shares ETF Trust
CIK: 0001424958
Form: 485APOS
Filed: 2016-05-26
State of incorporation: DE
Accession: 0001193125-16-603901
Reported net assets: $267.2M

Series & classes (1)

Series	Class	Ticker	New
Direxion Auspice Broad Commodity Strategy ETF	Direxion Auspice Broad Commodity Tactical ETF	COM	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.00%
Gross expense ratio: 0.72%
Management fee: 0.50%
Net expense ratio: 0.70%
Other expenses: 0.20%

Investment objective

The Direxion Auspice Broad Commodity Strategy ETF (the Fund) seeks investment results, before fees and expenses, that track the Auspice Broad Commodity Index (the Index). The Commodity Futures Trading Commission (the CFTC) has adopted certain requirements that subject registered investment companies and their advisors to regulation by the CFTC if a registered investment company invests more than a prescribed level of its net assets in CFTC-regulated futures, options and swaps, or if a registered investment company markets itself as providing investment exposure to such instruments. Due to the…

Advisers

RAFFERTY ASSET MANAGEMENT, LLC (Advisor)