Leveraged and Inverse ETFs

Direxion Daily Junior Gold Miners Index Bull 3x Shares

Looking for a Junior Gold Miners ETF? Get Daily 3x Leveraged Exposure to Junior Gold Miners with Direxion’s Daily Junior Gold Miners Bull 3x ETF. Think Direction. Trade.
  • Tickers:

     JNUG
  • CUSIP:

     25459Y611
  • Objective:

     The Fund seeks daily investment results, before fees and expenses, of 300% of the performance of the Market Vectors Junior Gold Miners Index. The Fund seeks daily leveraged investment results and does not seek to achieve its stated investment objective over a period of time greater than one day. The Fund is different and much riskier than most exchange traded funds.
Symbol Fund Index/Benchmark Daily/Monthly Target Bloomberg Index Symbol
Long Term Investment
ETFs
Mutual Funds
Short Term TradingAre Direxion Shares ETFs for you?
ETFs
JNUG Daily Junior Gold Miners Index Bull 3x Shares Market Vectors Junior Gold Miners index 300% MVGDXJTR
Mutual Funds
Monthly
Quarterly (standardized)

    All Data as of 3/31/2014

    All Data as of 3/31/2014

Symbol Fund 1 Month
(%)
3 Month
(%)
YTD
(%)
1 Year
(%)
3 Year
(%)
5 Year
(%)
10 Year
(%)
Since
Inception
Inception
Date
Expense Ratio *
(Gross/Net %)
Long Term Investment
ETFs
Mutual Funds
Short Term Trading
ETFs
JNUG Daily Junior Gold Miners Index Bull 3x Shares NAV -37.82 25.86 25.86 - - - - -50.48 10/3/2013 1.00 / 0.95
Market
Close
-37.43 27.44 27.44 - - - - -50.30 10/3/2013 1.00 / 0.95
Mutual Funds
Symbol Fund 1 Month
(%)
3 Month
(%)
YTD
(%)
1 Year
(%)
3 Year
(%)
5 Year
(%)
10 Year
(%)
Since
Inception
Inception
Date
Expense Ratio *
(Gross/Net %)
Long Term Investment
ETFs
Mutual Funds
Short Term Trading
ETFs
JNUG Daily Junior Gold Miners Index Bull 3x Shares NAV -37.82 25.86 25.86 - - - - -50.48 10/3/2013 1.00 / 0.95
Market
Close
-37.43 27.44 27.44 - - - - -50.30 10/3/2013 1.00 / 0.95
Mutual Funds

* For ETFs, the advisor, Rafferty Asset Management, LLC has contractually agreed to waive all or a portion of its management fee and/or reimburse the fund for other expenses through September 1, 2015.

** The expenses are estimated based on projected assets. Please see prospectus for details (from the prospectus dated 3/21/14).

The performance data quoted represents past performance net of annual expenses but gross of any sales charge. The performance shown does not reflect the sales charge, therefore, the effect of the sales charge would reduce the performance shown. Past performance does not guarantee future results; the investment return and principal value of an investment will fluctuate; an investor’s shares, when redeemed, may be worth more or less than their original cost; current performance may be lower or higher than the performance quoted. Returns for performance less than one year are cumulative, not annualized. Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. For the most recent performance, see the “Performance” tab above or call (877) 437-9363.

Shares of DirexionShares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Market Price returns are based upon the midpoint of the bid/ask spread at 4:00 PM Eastern time (when NAV is normally determined), and do not represent the returns you would receive if you traded shares at other times. Fund returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV. Some performance results reflect expense subsidies and waivers in effect during certain periods shown. Absent these waivers, results would have been less favorable.


Symbol Fund NAV
(4/16/2014)
NAV
Change
($)
NAV
Change
(%)
Market Price Closing
(4/16/2014)
Market Price Closing Change
($)
Market Price Closing Change
(%)
Premium/
Discount
Long Term Investment
ETFs
Mutual Funds
Short Term Trading
ETFs
JNUG Daily Junior Gold Miners Index Bull 3x Shares 18.29 $-0.20 -1.10% 18.39 $-0.16 -0.86% 0.10
Mutual Funds

The performance data quoted represents past performance net of annual expenses but gross of any sales charge. The performance shown does not reflect the sales charge, therefore, the effect of the sales charge would reduce the performance shown. Past performance does not guarantee future results; the investment return and principal value of an investment will fluctuate; an investor’s shares, when redeemed, may be worth more or less than their original cost; current performance may be lower or higher than the performance quoted. Returns for performance less than one year are cumulative, not annualized. Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. For the most recent performance, see the “Performance” tab above or call (877) 437-9363.

Shares of DirexionShares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Market Price returns are based upon the midpoint of the bid/ask spread at 4:00 PM Eastern time (when NAV is normally determined), and do not represent the returns you would receive if you traded shares at other times. Fund returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV. Some performance results reflect expense subsidies and waivers in effect during certain periods shown. Absent these waivers, results would have been less favorable.

Symbol Fund Record Date Ex-Date Pay Date Income Dividend Short Term Capital Gain Long Term Capital Gain
Long Term Investment
ETFs
Mutual Funds
Short Term Trading
ETFs
Mutual Funds
Symbol Fund Index/Benchmark Monthly Target Estimated Current
Exposure Level *
Domestic
DXSLX Monthly S&P 500® Bull 2x Fund S&P 500® 200% 201%
DXSSX Monthly S&P 500® Bear 2x Fund S&P 500® -200% -198%
DXQLX Monthly NASDAQ 100® Bull 2x Fund NASDAQ 100® 200% 204%
DXRLX Monthly Small Cap Bull 2x Fund Russell 2000® 200% 206%
DXRSX Monthly Small Cap Bear 2x Fund Russell 2000® -200% -183%
International
DXZLX Monthly Latin America Bull 2x Fund S&P® Latin America 40 200% 192%
DXHLX Monthly China Bull 2x Fund FTSE/Xinhua China 25 Index 200% 200%
DXELX Monthly Emerging Markets Bull 2x Fund MSCI Emerging Markets Index SM 200% 195%
Fixed Income
DXKLX Monthly 7-10 Year Treasury Bull 2x Fund NYSE 7-10 Year Treasury Bond Index 200% 200%
DXKSX Monthly 7-10 Year Treasury Bear 2x Fund NYSE 7-10 Year Treasury Bond Index -200% -201%
DXCBX Indexed Synthetic Convertible Strategy Fund QES Synthetic Convertible Index -
DXCVX Indexed Synthetic Convertible Strategy Bear Fund QES Synthetic Convertible Index -
Commodity
DXCLX Monthly Commodity Bull 2x Fund Morgan Stanley® Commodity Related Index 200% 183%
Currency
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Overview

Overview

This leveraged ETF seeks a return that is +300% of the return of its benchmark index for a single day. The fund should not be expected to provide three times the return of the benchmark’s cumulative return for periods greater than a day.

The Fund seeks seeks daily investment results, before fees and expenses, of 300% of the performance of the Market VectorsTM Junior Gold Miners Index. The Fund seeks daily leveraged investment results and does not seek to achieve its stated investment objective over a period of time greater than one day. The Fund is different and much riskier than most exchange traded funds.

Key Benefits

If you’re bullish on gold, Direxion offers traders daily 3x leveraged exposure to the Market Vectors Junior Gold Miners Index. This Direxion Shares ETF provides the opportunity to:

  • Magnify your bullish outlook by 3x
  • Trade through rapidly changing markets

Leveraged ETFs are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk, consequences of seeking daily leveraged investment results and intend to actively monitor and manage their investments. Leverage ETFs are not designed to track the underlying index over periods longer than one trading day.

Target Index

Target Index

The Market VectorsTM Junior Gold Miners index is a MCap-weighted total return Index. It covers the largest & most liquid small-cap companies that derive 50%+ from Gold or Silver mining or have properties to do so. Companies must have $1m ADTV, $250k shares/mth and $150+ m market cap. The cap weight is limited to a maximum of 8% per company; the index is reviewed quarterly. As of March 31, 2014 the Average Market Cap of the index was $350.60 million and the Median Market Cap was $280.03 million. One cannot invest directly in an index.

Index Country Weighting (%)
Canada 58.92
Australia 23.66
United States 9.22
Cayman Islands 1.85
Britian 1.74
Jersey 1.65
Hong Kong 1.38
South Africa 0.72
Singapore 0.66
China 0.20

Data as of 3/31/2014 is subject to change at any time. One cannot invest directly in an index

Fund Literature

Fund Literature

Download fund literature and regulatory documents

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