Direxion Russell 1000(R) Value Over Growth ETF — new fund registration

Direxion Shares ETF Trust registered 8 new fund series on Form 485APOS, filed 2018-10-05. Featured series: Direxion Russell 1000(R) Value Over Growth ETF.

Registration

Registrant / trust: Direxion Shares ETF Trust
CIK: 0001424958
Form: 485APOS
Filed: 2018-10-05
State of incorporation: DE
Accession: 0001193125-18-294757
Reported net assets: $17.4M

Series & classes (8)

Series	Class	Ticker	New
Direxion Russell 1000(R) Value Over Growth ETF	Direxion Russell 1000(R) Value Over Growth ETF	—	Yes
Direxion Russell 1000(R) Growth Over Value ETF	Direxion Russell 1000(R) Growth Over Value ETF	—	Yes
Direxion S&P(R) Large Over Small Cap ETF	Direxion S&P(R) Large Over Small Cap ETF	—	Yes
Direxion S&P(R) Small Over Large Cap ETF	Direxion S&P(R) Small Over Large Cap ETF	—	Yes
Direxion MSCI USA Cyclical Over Defensive ETF	Direxion MSCI USA Cyclical Over Defensive ETF	—	Yes
Direxion MSCI USA Defensive Over Cyclical ETF	Direxion MSCI USA Defensive Over Cyclical ETF	—	Yes
Direxion MSCI Emerging Over Developed Markets ETF	Direxion MSCI Emerging Over Developed Markets ETF	—	Yes
Direxion MSCI Developed Over Emerging Markets ETF	Direxion MSCI Developed Over Emerging Markets ETF	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.00%
Gross expense ratio: 0.63%
Management fee: 0.40%
Net expense ratio: 0.46%
Other expenses: 0.05%

Investment objective

The Direxion Russell 1000 Value Over Growth ETF (the Fund) seeks investment results, before fees and expenses, that track the Russell 1000 Value/Growth 150/50 Index (the Index).

Advisers

RAFFERTY ASSET MANAGEMENT, LLC (Advisor)