Direxion Monthly 7-10 Year Treasury Bull 1.75X Fund (Direxion Monthly 7-10 Year Trea) fond

The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, ETFs that track the index and other financial instruments that provide monthly leveraged exposure to the index or to ETFs that track the index. The index is a market value weighted index that includes publicly issued U.S. Treasury securities that have a remaining maturity of greater than or equal to seven years and less than ten years. The fund is non-diversified.