TYO Stock Discussion

Direxion Daily 10-Yr Treasury Bear 3x Shrs Description

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the NYSE 7-10 Year Treasury Bond Index. The fund creates short positions by investing at least 80% of its assets in: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index is a multi-security index that includes all qualified U.S. Treasury bonds. It is non-diversified.

Keywords: Exchange Traded Fund ETF U.S. Treasury Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF Repurchase Agreement Bond Market Index Financial Instrument Forward Contract