Fund Highlights

Fund Information

The Commodity Trends Strategy Fund

Investment objective

The Commodity Trends Strategy Fund seeks to match the performance of the Commodity Trends Indicator (CTI®), which offers pure commodity exposure that seeks to benefit in all market conditions, through its unique long/short exposure.

Principal investment strategy

Like the Commodity Trends Indicator, the Fund invests primarily in commodity futures, positions its investments in each sector and component either long or short depending upon price trends within that component, and rebalances each sector monthly.

How does the Commodity Trends Indicator work?

The CTI is a managed futures index that tracks both rising and falling trends in the commodity markets. It offers exposure to 16 commodity markets (in six sectors) and will hold them long or short, based on price trends. The long/short decision involves monitoring the price of the sectors in relation to their respective seven-month moving average price, which allows investors to benefit from rising and falling commodity prices. The exception within the model is the Energy sector which, due to geopolitical issues, economic changes and other factors uniquely related to the sector, is positioned either long or neutral (flat).

Sample CTI Index compositions

The Commodity
Trends Startegy Fund

Why
Commodities

Why a Long/Short
Commodity Strategy?

Why Invest in the
fund?

Advantages

An investor should consider the investment objectives, risks, charges, and expenses of the Direxion funds carefully before investing. The prospectus contains this and other information about Direxion funds. To obtain a prospectus, please contact Direxion Funds at 800.851.0511. The prospectus should be read carefully before Investing. Investing in funds that invest in specific industries or geographic regions may be more volatile than investing in broadly diversified funds.

The principal risks of investing in the Commodity Trends Strategy Fund are risks of investing in commodity-linked derivatives, risks of investing in wholly owned subsidiary, high portfolio turnover, tax risk, the risk of tracking error, risks of aggressive investment techniques, leverage risk, derivatives risks, counterparty risks, risk of non-diversification, risks of investing in other investment companies and ETFs, adverse market conditions, risks of investing in equity securities, credit risk, derivatives risk, risks of shorting instruments, risks of volatile markets, risks of investing in a Wholly Owned Subsidiary and concentration risk.