Daily 20+ Year Treasury Bear 3X Shares - Direxion
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About Daily 20+ Year Treasury Bear 3X Shares - Direxion
Direxion Shares ETF Trust - Direxion Daily 20+ Year Treasury Bear 3X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. It invests in the fixed income markets of the United States. The fund takes short positions and invests indirectly through exchange traded funds and through derivatives like futures contracts, and swap agreements in the fixed-rate, U.S. dollar denominated Treasury securities which have maturity of 20 years or more. It seeks to track thrice the inverse of the daily performance of the ICE U.S. Treasury 20+ Year Bond Index. Direxion Shares ETF Trust - Direxion Daily 20+ Year Treasury Bear 3X Shares was formed on April 16, 2009 and is domiciled in the United States.
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