Direxion Funds, a pioneer in providing alternative investment strategies to sophisticated investors, today began trading four new ETFs designed to track the recently debuted NYSE Current U.S. Treasury Indexes.
The four new Direxion ETFs are:
Fund Name |
Symbol |
|
Direxion Daily 10-Year Treasury Bull 3X Shares | TYD | |
Direxion Daily 10-Year Treasury Bear 3X Shares | TYO | |
Direxion Daily 30-Year Treasury Bull 3X Shares | TMF | |
Direxion Daily 30-Year Treasury Bear 3X Shares | TMV |
On
With a collective portfolio of over 300 benchmark indices,
NYSE Current U.S. Treasury Indexes:
The four NYSE Current U.S. Treasury Indexes (AXTWO, AXFIV, AXTEN, AXTHR) are one-security fixed income indexes that consist of the most recently issued respective 2-year, 5-year, 10-year, and 30-year U.S. Treasury notes. The indexes intend to track the performance of current on-the-run U.S. government bonds. The indexes are rebalanced monthly effective after the close of trading of the last business day of the month. At that time, each index’s bond along with any relevant accrued interest and coupon payments received will be rolled into a new U.S. Treasury security if one was more recently issued during the month.
The indexes are published each day that the U.S. bond markets are open for
trading from approximately