Direxion Shares ETF Trust - Direxion S&P Latin America 40 DRRC Index Volatility Response Shares

As of january 25, 2013, Direxion Shares ETF Trust - Direxion S&P Latin America 40 DRRC Index Volatility Response Shares has gone out of business. It is an exchange traded fund launched by Direxion Funds. The fund is managed by Rafferty Asset Management, LLC. It invests in the public equity markets of the Latin America, i.e, Brazil, Chile, Mexico and Peru. The fund seeks to invest in the stocks of companies operating across diversified sectors. It primarily invests in the volatile stocks of large-cap companies. The fund also invests some portion of its portfolio in U.S. Treasury Bills. It seeks to track the performance of the S&P Latin America 40 Dynamic Rebalancing Risk Control Index. The fund was formerly known as Direxion Shares ETF Trust - Direxion S&P Latin America 40 RC Volatility Response Shares. Direxion Shares ETF Trust - Direxion S&P Latin America 40 DRRC Index Volatility Response Shares was formed on January 11, 2012 and is domiciled in the United States.