Direxion Daily EURO STOXX 50 (R) Bull 3X Shares Direxion Daily EURO STOXX 5 EUXL

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the EURO STOXX 50® Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is part of the STOXX blue-chip index family and represents the performance of the 50 largest companies among the 19 supersectors in terms of free-float market capitalization in 11 Eurozone countries. The fund is non-diversified.