About Direxion Daily Cnsmr Staples Bear 3XShrs

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the daily performance of the Consumer Staples Select Sector Index (the "index"). The fund normally invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80% of the...