About Direxion Russell 1000 Value Over Growth ETF

The index measures the performance of a portfolio that has 150% long exposure to the Russell 1000 Value Index (the "Long Component") and 50% short exposure to the Russell 1000 Growth Index (the "Short Component"). The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities that comprise the Long Component of the index or...