KLNE

Direxion Daily Global Clean Energy Bull 2X Shares seeks daily investment results, before fees and expenses, of 200% of the daily performance of the S&P Global Clean Energy Index. The index is designed to track the performance of companies from developed and emerging markets whose economic fortunes are tied to the global clean energy business. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index which provide returns consistent with the objective. It is non-diversified.