Large Cap Bear 3X - Triple-Leveraged ETF (BGZ)

Reuters  Oct 11  Comment 
Poland's Bank BGZ will issue shares worth 2.24 billion zlotys ($676 million) to merge with BNP Paribas' Polish unit following BNP's acquisition of BGZ, the lenders said.
Reuters  Sep 15  Comment 
France's BNP Paribas has completed the purchase of Bank BGZ , Poland's No.11 lender by assets, from Rabobank for 4.5 billion zlotys ($1.39 billion) as part of a plan to expand in...
Banking Business Review  Dec 6  Comment 
French bank BNP Paribas has signed an agreement to purchase 98.5% stake in Bank Gospodarki Żywnościowej in Poland from Rabobank Group, in a transaction valued at approximately PLN4.2bn (€1bn).
Banking Business Review  Oct 31  Comment 
France-based global lender BNP Paribas has reportedly offered the highest bid to acquire Bank Gospodarki Zywnosciowej (BGZ), the Polish subsidiary of Dutch bank Rabobank, to expand its footprint in the country.
Reuters  Oct 24  Comment 
Spanish bank Santander on Thursday said it was looking at buying Poland's eleventh-biggest bank BGZ .
Reuters  Oct 5  Comment 
Polish lender Alior , backed by the region's top insurer PZU , is interested in buying local rival BGZ from its Dutch parent Rabobank in a deal that could be worth some $1.2 billion, market sources told Reuters.
Reuters  Oct 4  Comment 
France's BNP Paribas and Spain's Banco Santander are set to compete against Italy's UniCredit in the race to acquire Polish lender BGZ in a deal worth some $1.2 billion, market...
Banking Business Review  Oct 4  Comment 
Italy-based global banking and financial services company UniCredit has reportedly placed its preliminary offer to acquire Polish lender Bank Gospodarki Zywnosciowej (BGZ), in a bid to expand its footprint in the country.
Reuters  Oct 3  Comment 
UniCredit , Italy's largest bank by assets, has submitted a preliminary offer to buy Poland's Bank BGZ and is sounding investors out on the possibility of selling its Ukrainian unit, Chief Executive Federico Ghizzoni said.


Large Cap Bear 3X - Triple-Leveraged ETF (BGZ)


Fund Objective The Large Cap Bear 3X Shares seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the price performance of the Russell 1000® Index (“Large Cap Index"). There is no guarantee the fund will meet its stated investment objective. Target Index The Russell 1000® Index measures the performance of the large-cap segment of the U.S. equity universe. It is a subset of the Russell 3000® Index and includes approximately 1000 of the largest securities based on a combination of their market cap and current Index membership. The Russell 1000 represents approximately 92% of the U.S. market and has an average market capitalization of $14.3 billion dollars and a median market capitalization of $5 billion dollars as of April 30, 2008. One cannot directly invest in an Index.


Fund Information

  • Fund Manager - Direxion Shares
  • Inception Date - 11/05/2008
  • Exchange – NYSE Arca
  • Index Ticker – BGZ
  • Intra-day NAV Ticker – BGZ.IV
  • Expense Ratio - 0.95%

Top Holdings

Holdings % of Portfolio
Technology 16.93%
Financial Services 16.21%
Health Care 12.83%
Consumer Discretionary 11.83%
Energy 11.45%
Producer Durables 10.53%
Consumer Staples 9.24%
Utilities 6.72%
Materials & Processing 4.24%

Holdings as of 13/11/2009


  1. - Overview of Large Cap Bear 3X - Triple-Leveraged ETF (BGZ)
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