Direxion launches the first leveraged ETFs and reverses Amazon, Google and Microsoft

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NEW YORK, September 7, 2022 /PRNewswire/ — Following the recent success of its first four leveraged and inverse single-stock ETFs – TSLL, TSLS, AAPU and AAPD – Direxion, a leading provider of tradable and thematic ETFs, today announced today launched six more NASDAQ-listed leveraged and inverse ETFs that allow active traders to gain magnified, or inverse, exposure to the daily performance of common stocks of Amazon, Google or Microsoft.

“Amazon, Google and Microsoft are three of the largest stocks in the world, are heavily traded and widely recognized,” said Managing Director and Product Manager of Direxion, David Mazza. “The ability to express short-term views on individual stocks using a bullish or bearish bottom is a great way for traders to react tactically to potential business events and market movements.”

The new ETFs are:

As revolutionary products designed for active traders, Direxion’s leveraged and inverse ETF pairs are intended to be used for short-term trading purposes. Leveraged and inverse single-stock ETFs should not be viewed as buy-and-hold investments, but rather as trading tools for traders with a high tolerance for risk. Additionally, unlike traditional ETFs, or even other leveraged and/or inverse ETFs, these ETFs track the price of a single stock rather than an index, eliminating the benefits of diversification. Additionally, ETFs do not invest directly in AMZN, GOOGL, or MSFT.

All of Direxion’s leveraged and inverse ETFs are intended only for investors who have a thorough understanding of the risks associated with seeking leveraged or inverse investment results, and who plan to actively monitor and manage their positions. There can be no assurance that these ETFs will achieve their objective. Please visit the Direxion Leveraged and Inverse ETF Education Centerwhere you’ll find educational brochures, videos and a self-paced online course to help you understand if leveraged and inverse ETFs are right for you.

About Direxion:
Direxion equips conviction-driven investors with purpose-built ETF solutions honed for precision. These solutions are available to a wide range of investors, whether they are executing short-term tactical trades or investing in thematic strategies. Direxion’s reputation is built on developing products that accurately express market insights and enable investors to manage their risk exposure. Founded in 1997, the company has approximately $20.7 billion of assets under management at June 30, 2022. For more information, visit www.direxion.com.

There can be no assurance that the Funds will achieve their investment objectives.

For more information on all Direxion ETFs, visit www.direxion.comor call us at 866.301.9214.

An investor should carefully consider the investment objective, risks, charges and expenses of a Sub-Fund before investing. A Sub-Fund’s prospectus and simplified prospectus contain this and other information about the Direxion Shares. To obtain a Fund’s prospectus and summary prospectus, call 866-716-0735 or visit our website at direxion.com. A Fund’s prospectus and simplified prospectus should be read carefully before investing.

They aim for daily targets and should not track the underlying index for periods longer than one day. They are not suitable for all investors and should only be used by investors who understand the risk of leverage and actively manage their investments. The Funds will lose money if the performance of the underlying stock is stable, and it is possible that the Funds will lose money even if the performance of the underlying stock increases over a period longer than a single day.

AMZU/AMZD Specific Risks: Consumer Discretionary Sector Risk – Because companies in the consumer discretionary sector manufacture products and provide discretionary services directly to the consumer, the success of these companies is closely tied to the performance of the entire domestic and international economy, including the functioning global supply chain, interest rates, competition and consumer confidence.

Amazon.com, Inc. Investment Risk – Amazon.com, Inc. faces risks associated with intense competition in various industries, including brick-and-mortar retail, omnichannel e-commerce, e-commerce services, web and infrastructure computing services, devices electronics, digital content, advertising, groceries and transportation and logistics services; expansion into new products, services, technologies and geographies; its international activities; variability in demand for its products and services; intellectual property rights; risks relating to the successful optimization and operation of its execution network and data centers; loss of data or other security breaches; the retention of key senior management personnel and the ability to hire and retain highly qualified personnel and other key employees; maintain good relationships with suppliers, including content and technology licensors; the success of acquisitions or joint ventures or other investments; its rapidly changing and expanding business model; and legal, regulatory and litigation matters.

GGLL/GGLS specific risks: Technology sector risk – Market prices of technology-related securities tend to have a higher degree of market risk and large price fluctuations than other types of securities. These securities can quickly fall out of favor with investors, which can lead to a sudden sell-off and a dramatic drop in market prices. Technology securities may be affected by intense competition, obsolescence of existing technology, general economic conditions and government regulation and may have limited product lines, markets, financial resources or personnel.

Alphabet Inc. Class A Investment Risk – As of the date of this Prospectus, in addition to the risks associated with companies in the information technology sector, Class A shares of Alphabet Inc. are subject to risks associated with reliance on advertising revenue and the effect that the loss of partners or new and existing technologies that block online advertisements may have on its business; intense competition for its products and services in various industries; investments in new businesses, products, services and technologies that may distract management or adversely affect its financial condition or results of operations; slowdowns in its rate of revenue growth; the ability to protect its intellectual property rights; the ability to maintain or improve its brands and its impact on the ability to expand its base of users, advertisers, customers, content providers and other partners; manufacturing and supply chain issues; interruptions or interference with its complex information technology and communications systems; its international operations; inability to evolve with advances in technology and user preferences; privacy and data security issues; regulatory, legal and litigation matters.

MSFU/MSFD Specific Risks: Technology sector risk – Market prices of technology-related securities tend to exhibit a higher degree of market risk and large price fluctuations than other types of securities. These securities can quickly fall out of favor with investors, which can lead to a sudden sell-off and a dramatic drop in market prices. Technology securities may be affected by intense competition, obsolescence of existing technology, general economic conditions and government regulation and may have limited product lines, markets, financial resources or personnel.

Microsoft Corporation Investment Risk – Microsoft Corporation faces risks related to competition in the technology sector and among platform-based ecosystems, including its cloud-based services; changes in its business, including the development of its new products and strategic acquisitions, joint ventures and alliances; cybersecurity, data privacy and platform abuse; operations, including excessive outages, loss of data or interruptions of online services; quality or supply issues; legal, regulatory and litigation risks; and the ability to attract and retain talented employees.

Distributor: Foreside Fund Services, LLC.

CONTACT: Douglas Hesneyplease
Same as public relations
[email protected]

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