Direxion Daily Junior Gold Miners Index Bull 2X ETF JNUG

The Direxion Daily Junior Gold Miners Index Bull 2X Shares ETF aims to achieve daily investment results, before fees and expenses, exceeding 200% of the performance of the MVIS Global Junior Gold Miners Index. This fund was launched in 2013 and is domiciled in the United States. Direxion manages the ETF. This company performs asset management with a focus on non-traditional ETFs and mutual funds. Direxion was founded in 1997 and is headquartered in New York. The company has four offices in the United States and Hong Kong. As of December 2021, Direxion managed approximately $30.8bn in assets.

This fund invests at least 80% of its net assets in financial instruments such as swap agreements, ETFs that track the MVIS Global Junior Gold Miners Index, securities listed on the index, and other financial instruments providing daily leveraged exposure. The index consists of companies in markets open to foreign investors and includes emerging economies. The Direxion Daily Gold Miners Index Bull 2X Shares ETF is non-diversified.

Investments are primarily spread over the United Kingdom, Canada, the United States, Australasia, and emerging Asia. The ETF uses US dollars as base currency and mainly focuses on cash and non-US stocks. The fund trades on the NYSE under the JNUG stock ticker.

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