DIREXION DAILY LMT BULL 2X ETF

The Direxion Daily LMT Bull 2X ETF (LMTL) seeks 200% daily leveraged investment results and thus will have an increase of volatility relative to the underlying LMT performance itself. Longer holding periods, higher volatility of LMT and leverage increase the impact of compounding on an investor’s returns. During periods of higher LMT volatility, the volatility of LMT may affect the fund’s performance.