MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, December 18, 2012 Direxion Shutters Three ETFs Rafferty Asset Management[profile] has decided to shutter three Direxion funds, reports ETF Trends. Direxion Large Cap Insider Sentiment Shares, Direxion S&P 1500 DRRC Index Volatility Response Shares and Direxion S&P Latin America 40 DRRC Index Volatility Response Shares have failed to gain sufficient assets, according to reporter John Spence. According to the story, a company news release said the ETFs will be liquidated next moth and the cash will be distributed to investors. Printed from: MFWire.com/story.asp?s=42406 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |