Direxion has added 4 new funds to its line-up of 300% ETFs. The new ETFs provide exposure to 10 and 30 year U.S. Treasury Indexes.
The four new Direxion ETFs are:
Direxion Daily 10-Yr Treasury Bull 3x Shrs (TYD)
Direxion Daily 30-Yr Treasury Bull 3x Shrs (TMF)
Direxion Daily 10-Yr Treasury Bear 3x Shrs (TYO)
Direxion Daily 10-Yr Treasury Bear 3x Shrs (TMV)
Direxion describes its funds as tactical tools designed for active portfolio management. To that end, the firm has changed the name of all Funds to include the word “daily”.