Seeking Alpha

INDZ
Direxion Daily India 3x Bear ETF

5/26/2012, 11:30 AM ET
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INDZ Market Currents more »
  • Monday 7:36 AM India's rupee falls more than 1% to an all-time low, now requiring 55 of them to buy one greenback. The central bank is in a tough spot as inflation remains high while the economy slows. The slide in the rupee - at least some of which has to do with the "risk off" tone of markets - won't help the inflation picture.
    3 Comments
    [Global & FX]
ETF Stats
  • Expense Ratio: 0.95%
  • Average Bid Ask Ratio: 0.53%
  • Tracking Error: 4.65%
  • Concentration Risk: 100.00%
  • Capital Gains Dist. %: 0.00%
  • Number of Securities: 1
  • Dividend Amount:
  • Dividend Date:
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INDZ Instablog posts more »
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    Sat, Oct 8, 2011 • Djvu • Comment!
  • INDIAN REAL ESTATE STOCKS - THE 2011 CONTRARIAN SECTOR
    Mon, Jan 3, 2011 • Star1965 • Comment!
  • India NIFTY SENSEX short thesis - 10% Correction by 20-Dec-10
    Sun, Nov 14, 2010 • Djvu • 6 Comments
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INDZ Description
The Direxion Daily India Bear 3x Shares seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the price performance of the Indus India Index. There is no guarantee the fund will meet its stated investment objective.
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Country: India
Key Info