Direxion Daily FTSE China Bull 3x Shares ETF (YINN) Stock

About Direxion Daily FTSE China Bull 3x Shares ETF

The Direxion Daily FTSE China Bull 3X Shares seek daily investment results, before fees and expenses, of 300% of the performance of the FTSE China 50 Index. There is no guarantee the funds will meet their stated investment objectives. These leveraged ETF seeks a return that is 300% of the return of their benchmark index for a single day. The funds should not be expected to provide three times or negative three times the return of the benchmark’s cumulative return for periods greater than a day. The FTSE China 50 Index (TXIN0UNU) consists of the 50 largest and most liquid public Chinese companies currently trading on the Hong Kong Stock Exchange (“SEHK”). Securities in the Index are weighted based on the total market value of their shares, so that securities with higher total market values will generally have a higher representation in the Index. Index constituents are screened for liquidity and weightings and are capped to prevent the Index from being overly concentrated in any one stock. One cannot directly invest in an index.