ETF Investment
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Whether the investment is for your brokerage or 401(k) or retirement account, you need to find out the details about the funds. Direxion provide a big ad about Direxion Daily 20+ Year Treasury Shares ETFs, both bull and bear leverage funds. The ad is titled as “Treasuries – Prepared for the bear?”
The ad details can be found below:
Treasuries – Prepared for the bear?
TYBS
Daily 20+ Year Treasury Bear 1x Shares
TMV
Daily 20+ Year Treasury Bear 3x Shares
For traders, Direxion matters.
Get started today. Call 866.476.7523 or go to direxionfunds.comdirexionshares – Think direction. Trade.
Investor should consider the investment objectives, risks, charges, and expense of Direxion Shares carefully before investing. The prospectus and summary prospectus contains this and other information about Direxion Shares. To obtain a prospectus please visit www.direxionfunds.com/regulatory-documents. The prospectus and summary prospectus should be read carefully before investing.
Fund Review
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The YTD return is 11.87%. The fund has 1-year annualized return of 13.55%. The CUSIP is 25459Y405. The index fund duration is -16.73%.
The Direxion Daily 20+ Year Treasury Bear 3x Shares ETF fund is the leveraged fund that try to replicate 300% of the inverse of the performance of the NYSE 20 Year Plus Treasury Bond Index (AXTWEN). The fund CUSIP for TMV is 25459Y678. Even though there is no guarantee the fund will meet its stated investment objective. It is currently traded at 0.10% premium from its NAV.
This TMV fund was returned -6.67% in 2012. The YTD return is 11.87% and it also has 1-year total returned of 13.55%. The fund is in the 29th rank among its peers in the Trading-Inverse Debt category.
Opinions
- The Direxion Daily 20+ Year Treasury Bear 3x Shares ETF fund is not suitable for long term investment accounts.
- TYBS probably can be used for short term bet. If you think interest rate will hike (i.e. treasury price will drop), you can use this Direxion Daily 20+ Year Treasury Bear 1x Shares ETF as a hedge.
- Use the leveraged ETFs for short term trading i.e. few hours to 1 day at most.
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