Direxion Shares ETF Trust registered 2 new fund series on Form 485APOS, filed 2016-10-19. Featured series: Direxion Daily Income Preferred Bull 2X Shares.
| Series | Class | Ticker | New |
|---|---|---|---|
| Direxion Daily Income Preferred Bull 2X Shares | Direxion Daily Income Preferred Bull 2X Shares | — | Yes |
| Direxion Daily Income Preferred Bear 2X Shares | Direxion Daily Income Preferred Bear 2X Shares | — | Yes |
The Fund seeks daily investment results, before fees and expenses, of 200% 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.