Direxion Funds/Direxion Shares, managed by Rafferty Asset Management, LLC, is a major provider of leveraged index funds, ETFs and alternative-class fund products for investment advisors and sophisticated investors who seek to effectively manage risk and return in both bull and bear markets. Direxion strives to offer products that allow advisors and sophisticated investors to navigate various market conditions. Their products offer: flexibility to employ institutional-style strategies within portfolios; inverse strategies for implementing short and hedged positions; liquidity to allow for nimble tactical portfolio management; and leverage to efficiently manage and allocate assets. Founded in 1997, the company has approximately $5.3 billion in assets under management. At Direxion, we are focused on your success. We continuously strive to provide you with the innovative products, consistent performance, and on-the-ground support to help you to take advantage of opportunities, execute your strategies, deliver for your clients, and grow your business-regardless of market conditions. For more information, please visit www.direxionfunds.com or www.direxionshares.com.