Basic Fund Data
Fund Provider:	Direxion Shares
Asset Class:	Equity
Fund Category:	Inverse
Ticker:	FAZ
Expense Ratio:	0.95%
Fund Category Expense Ratio Average:	0.90%
Options:	Yes
Fund Inception Date:	11-08-2008
Fund Structure:	Open-Ended
Fund Weighting Restrictions:	Non-diversified Fund Rules
Fund Tracking Method:	Sampling
Dividend Payment Frequency:
Basic Index Data
Index Name:	Russell 1000 Financial Services Index
Index Provider:	Russell Investment Group
No of Index Holdings:	Under 100
Explanation of Index Strategy
Security Selection Category:	Passive
Security Selection Method:	Industry Sector
Security Selection Frequency:	Monthly
Index Weighting Category:	Fixed Weight
Index Weighting Method:	Leveraged Inverse x3
Index Weighting Frequency:	Monthly

Market Price Return
1-Year:
3-Year annualized:
5-Year annualized:
10-Year annualized:
Annual Performance History
2009:	-93.49
2008:
2007:
2006:
2005:
2004:
2003:
2002:
2001:
2000:
Data as of 10/31/09

Fundamentals
Assets MM:	$1238
P/E Ratio:
P/B Ratio:
Median Market Cap:
12-month yield:
Data as of 10/31/09

Risk / 3-Year Average
Alpha:	-9.46
Beta:	-4.84
Standard Deviation:	35.23
Sharpe Ratio:
Data as of 10/31/09

Index Snapshot:

The Direxion Daily Financial Bear 3x Shares (Ticker: FAZ) seeks daily investment results, before fees and expenses, that correspond to THREE TIMES (300%) the INVERSE (opposite) daily performance of the Russell 1000 Financial Services Index. The index consists of financial-related businesses, such as commercial and thrift banks, insurance companies, real estate investment trusts, asset managers, and securities brokers. The index is rebalanced monthly and the fund obtains its leverage by using a combination of derivatives, futures, and swaps.