The Direxion Daily S&P Biotech Bull 3X Shares LABU, looks for everyday financial investment outcomes, prior to costs and also costs, of 300% of the efficiency of the S&P Biotechnology Select Sector Index.
The Direxion Daily S&P Biotech Bear 3X Shares LABD, in a similar way looks for to multiply returns on the efficiency of the S&P Biotechnology Select Sector Index, however this moment by looking for everyday financial investment outcomes, prior to costs and also costs, of 300% of the inverted (or contrary) of the index’s efficiency.
Everyday financial investment in these funds supplies the capacity for capitalists to multiply direct exposure, whether favorable or inverted, to the everyday efficiency of the Index.
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