Direxion Daily META Bull 2X Shares — new fund registration

Direxion Shares ETF Trust registered 3 new fund series on Form 485APOS, filed 2024-03-15. Featured series: Direxion Daily META Bull 2X Shares.

Registration

Registrant / trust: Direxion Shares ETF Trust
CIK: 0001424958
Form: 485APOS
Filed: 2024-03-15
State of incorporation: DE
Accession: 0001193125-24-069203
Reported net assets: $415.1M

Series & classes (3)

Series	Class	Ticker	New
Direxion Daily META Bull 2X Shares	Direxion Daily META Bull 2X Shares	METU	Yes
Direxion Daily Uranium Bull 2X Shares	Direxion Daily Uranium Bull 2X Shares	URAA	Yes
Direxion Daily Uranium Bear 2X Shares	Direxion Daily Uranium Bear 2X Shares	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.00%
Gross expense ratio: 1.33%
Management fee: 0.75%
Net expense ratio: 1.06%
Other expenses: 0.47%

Investment objective

The Fund seeks daily investment results, before fees and expenses, of 200% of the daily performance of META. 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)