Dallas, Texas 02/19/2014 (FINANCIALSTRENDS) – Direxion Daily Large Cap Bear 3X Shares (NYSEARCA:SPXS), analysts predict is perfectly suited for those who have the highest risk appetite. The consideration is the fact that the bearish exposure of those large cap stocks is what will win, especially for those with highest exposure to bearish pulls.
SPXS was originally the Direxion Daily Large Cap Bear 3X Shares(NYSEARCA:SPXS). The fund is built on the policy to see investment results on a daily basis. The requirement is that after the fees and the expenses there is over 300% inverse in price performance with the S&P 500 Index. Moreover, there is the guarantee that the fund may meet the investment requirement s and may also see a slip at some levels. Again the annual expense ratio for the fund is higher at 1.14%. According to SPXS team, the preference is for short positions which invest 80% at the least on the net assets. It is expected that the fund will see net assets for such as futures contracts, securities on options, futures and indices contracts, besides equity caps as well as collars and floors.
Direxion Daily Large Cap Bear 3X Shares(NYSEARCA:SPXS) is likely to see swap agreements, forward contracts besides reverse purchase agreements.
Additionally, ETFs would also be part of the portfolio.
These are essentially such of the kind which build both the leveraged as well is unleveraged exposure to the S&P 500. The approach currently is for the current times as well as the market sell-offs.
Direxion Daily Large Cap Bear 3X Shares(NYSEARCA:SPXS) is also fund which will you want to leverage extreme panic to make profits. Such extreme situations are caused due to the sudden selling and the market reacts against it.
Direxion Daily Large Cap Bear 3X Shares(NYSEARCA:SPXS) too as is the norm for such funds, given the market forces has since noted a reverse split. SPXS has $36.86 per share, while the average daily volume which SPXS has reported is 1.3 million shares.