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Rating:Direxion's Board Approves Liquidation of Funds Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, July 30, 2013

Direxion's Board Approves Liquidation of Funds

Reported by Nicole Spector

The board of trustees of the Direxion Funds, based upon the recommendation of Rafferty Asset Management [profile], the trustís advisor, and Flexible Plan Investments, the sub advisor for the Evolution Managed Bond Fund, Evolution All-Cap Equity Fund, Evolution Market Leaders Fund and Evolution Alternative Investment Fund, has determined that it is in the best interests of each fund and its respective shareholders to liquidate and terminate the funds. [SEC Filing]. 

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