Direxion Daily Communication Services Index Bull 3X Shares — new fund registration

Direxion Shares ETF Trust registered 2 new fund series on Form 485APOS, filed 2018-08-14. Featured series: Direxion Daily Communication Services Index Bull 3X Shares.

Registration

Registrant / trust: Direxion Shares ETF Trust
CIK: 0001424958
Form: 485APOS
Filed: 2018-08-14
State of incorporation: DE
Accession: 0001193125-18-248296
Reported net assets: $5.7M

Series & classes (2)

Series	Class	Ticker	New
Direxion Daily Communication Services Index Bull 3X Shares	Direxion Daily Communication Services Index Bull 3X Shares	—	Yes
Direxion Daily Communication Services Index Bear 3X Shares	Direxion Daily Communication Services Index Bear 3X Shares	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.00%
Gross expense ratio: 2.15%
Management fee: 0.75%
Net expense ratio: 0.98%
Other expenses: 1.37%

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)