Direxion Daily Cloud Computing Bull 2X Shares — new fund registration

Direxion Shares ETF Trust registered 1 new fund series on Form 485APOS, filed 2020-11-02. Featured series: Direxion Daily Cloud Computing Bull 2X Shares.

Registration

Registrant / trust: Direxion Shares ETF Trust
CIK: 0001424958
Form: 485APOS
Filed: 2020-11-02
State of incorporation: DE
Accession: 0001193125-20-284030
Reported net assets: $5.7M

Series & classes (1)

Series	Class	Ticker	New
Direxion Daily Cloud Computing Bull 2X Shares	Direxion Daily Cloud Computing Bull 2X Shares	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.00%
Gross expense ratio: 1.63%
Management fee: 0.75%
Net expense ratio: 0.96%
Other expenses: 0.87%

Investment objective

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.

Advisers

RAFFERTY ASSET MANAGEMENT, LLC (Advisor)