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WIKI ANALYSIS
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This article describes an exchange traded fund that tracks an index, commodity, currency, or varied basket of securites. View articles referencing this fund. |
Large Cap Bull 3X - Triple-Leveraged ETF (BGU)
Overview
Fund Objective The Large Cap Bull 3X Shares seeks daily investment results, before fees and expenses, of 300% 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. [1]
Fund Information
- Fund Manager - Direxion Shares
- Inception Date - 11/05/2008
- Exchange – NYSE Arca
- Index Ticker – BGU
- Intra-day NAV Ticker – BGU.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
References
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