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ETF
As of April 6, 2020, Direxion Shares ETF Trust - Direxion Daily Total Bond Market Bear 1X Shares has gone out of business. Direxion Shares ETF Trust - Direxion Daily Total Bond Market Bear 1X 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 though exchange traded funds and derivatives like futures contracts, options, swap agreements, and forward contracts in fixed-rate, US dollar denominated treasury bonds, government-related bonds, corporate bonds, mortgage pass-through securities, commercial mortgage-backed securities, and asset-backed securities that have at least one year remaining until maturity. It invests in investment grade securities that are rated as at least BBB- by S&P and Fitch and at least Baa3 and above by Moody's. The fund seeks to replicate the inverse of the daily performance of the Bloomberg Barclays US Aggregate Bond Index. Direxion Shares ETF Trust - Direxion Daily Daily Total Bond Market Bear 1X Shares was formed on March 22, 2011 and is domiciled in the United States.
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