Direxion Daily 5G Communications Bull 2X Shares — new fund registration

Direxion Shares ETF Trust registered 4 new fund series on Form 485APOS, filed 2021-03-24. Featured series: Direxion Daily 5G Communications Bull 2X Shares.

Registration

Registrant / trust: Direxion Shares ETF Trust
CIK: 0001424958
Form: 485APOS
Filed: 2021-03-24
State of incorporation: DE
Accession: 0001193125-21-092375
Reported net assets: $3.1M

Series & classes (4)

Series	Class	Ticker	New
Direxion Daily 5G Communications Bull 2X Shares	Direxion Daily 5G Communications Bull 2X Shares	—	Yes
Direxion Daily 5G Communications Bear 2X Shares	Direxion Daily 5G Communications Bear 2X Shares	—	Yes
Direxion Daily Travel & Vacation Bull 2X Shares	Direxion Daily Travel & Vacation Bull 2X Shares	—	Yes
Direxion Daily Travel & Vacation Bear 2X Shares	Direxion Daily Travel & Vacation Bear 2X Shares	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.00%
Gross expense ratio: 1.76%
Management fee: 0.75%
Net expense ratio: 0.95%
Other expenses: 1.01%

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)