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DXNLX

Direxion Monthly NASDAQ-100 Bull 1.25X Fund

DXNLX Mutual Fund Price & Analysis

The Direxion Monthly NASDAQ-100 Bull 1.25X Fund (DXNLX) is a mutual fund that seeks to provide investors with 1.25 times the daily return of the NASDAQ-100 Index. This fund utilizes a leveraged strategy, meaning it uses borrowed funds to potentially increase returns. It is designed for investors seeking aggressive growth and exposure to the technology-heavy NASDAQ-100 Index. However, this fund also carries a higher level of risk due to its leveraged nature.