RUSL - Direxion Daily Russia Bull 3X Shares
Direxion Daily Russia Bull 3x Shares ETF (the "ETF") seeks daily investment results, before fees and expenses, of 300% of the price performance of the DAX Global Russia + Index (the "Index"). The Fund seeks daily leveraged investment results and does not seek to achieve its stated investment objective over a period of time greater than one day. The ETF is different and much riskier than most exchange-traded funds.
The Index is comprised of the most liquid Russian ADRs/GDRs and local shares, screening for high liquidity only, and capping the number of securities at 45. The Index uses a highly transparent and understandable index concept to access the Russian market via easily replicable index underlying securities. Diversified with a historical bias towards the Energy sector, the Index is a broad index portfolio that reflects the Russian economy while still showing the dominance of the Energy sector. One cannot directly invest in an index.
Further information: http://www.direxionshares.com/etf/rus_bull_3x_shares.html