Direxion High Growth ETF — new fund registration

Direxion Shares ETF Trust registered 3 new fund series on Form 485APOS, filed 2020-03-11. Featured series: Direxion High Growth ETF.

Registration

Registrant / trust: Direxion Shares ETF Trust
CIK: 0001424958
Form: 485APOS
Filed: 2020-03-11
State of incorporation: DE
Accession: 0001193125-20-070397
Reported net assets: $14.0M

Series & classes (3)

Series	Class	Ticker	New
Direxion High Growth ETF	Direxion U.S. Hyper Growth ETF	—	Yes
Direxion Fallen Knives ETF	Direxion U.S. Fallen Knives ETF	—	Yes
Direxion Dynamic Hedge ETF	Direxion U.S. truVol Dynamic Hedge ETF	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.00%
Gross expense ratio: 0.40%
Management fee: 0.35%
Other expenses: 0.05%

Investment objective

The Direxion High Growth ETF (the Fund) seeks investment results, before fees and expenses, that track the Russell 1000 Hyper Growth Index (the Index).

Advisers

RAFFERTY ASSET MANAGEMENT, LLC (Advisor)