Direxion Daily BRKB Bull 2X Shares (Direxion Daily BRKB Bull 2X ETF) ETF

The fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in the securities of BRK/B and financial instruments, such as swap agreements and options, that, in combination, provide 2X daily leveraged exposure to BRK/B, consistent with the fund’s investment objective. The fund is non-diversified.