Direxion Daily CSI 300 China A Share Bull 2X Shares (CHAU) — ()
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Rate Cuts & Trade Hopes: Tap Leveraged China ETFs for Quick Gains
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Sentiment: Positive ()
China's central bank and financial regulators announced a broad package of stimulus measures. Meanwhile, China is meeting with the United States this week in Switzerland for trade talks.
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About Direxion Daily CSI 300 China A Share Bull 2X Shares CHAU
The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, ETFs that track the index, securities of the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is a modified free-float market capitalization weighted index comprised of the largest and most liquid stocks in the Chinese A-share market. The fund is non-diversified.