Direxion Daily Technology Top 5 Bull 2X ETF seeks daily investment results, before fees and expenses, of 200% of the daily performance of the S&P 500 Information Technology Index. The index consists of the top five securities in the index, which includes U.S.-listed companies in the information technology sector as classified by the GICS. The fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETF that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. The fund is non-diversified.
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