Direxion Shares ETF Trust - Direxion Daily 7-10 Year Treasury Bull 3X Shares

Direxion Shares ETF Trust - Direxion Daily 7-10 Year Treasury Bull 3X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. It invests in the fixed income markets of the United States. The fund takes long positions and invests indirectly through exchange traded funds and derivatives like futures contracts, options, swap agreements, and forward contracts in the fixed-rate U.S. dollar denominated Treasury securities which have a maturity between 7 and 10 years. It seeks to replicate thrice the daily performance of the ICE U.S. Treasury 7-10 Year Bond Index. Direxion Shares ETF Trust - Direxion Daily 7-10 Year Treasury Bull 3X Shares was formed on April 16, 2009 and is domiciled in the United States.