Page 4 - Direxion Daily Mid Cap Bull News Today : Breaking News, Live Updates & Top Stories | Vimarsana

MIDU seeks daily investment results, before fees and expenses, of 300% of the daily performance of the S&P MidCap 400 Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, and securities of the index, ETFs that track the index, and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index measures the performance of 400 mid-sized companies in the United States. With the extra leverage, MIDU has been doling out big gains, up 63% year-to-date. Even without the leverage, the mid cap-focused S&P 400 index is up 19%. Both domestic and international investors could be wise to take note.

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