QQQE – Direxion NASDAQ-100® Equal Wtd ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks investment results before fees and expenses that track the NASDAQ-100® Equal Weighted Index. The fund, under normal circumstances, invests at least 80% of its assets in the securities that comprise the index or investments with economic characteristics similar to the securities included in the index. The index is the equal weighted version of the NASDAQ-100 Index® which includes approximately 100 of the largest domestic and international non-financial companies listed on the NASDAQ® Stock Market based on market capitalization.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
QQQE	Direxion NASDAQ-100® Equal Weighted Index Shares	ETF	Open			Mar 21, 2012	$1.44B	0.350%	—	—	−$30.51M
QQQE	Direxion NASDAQ-100® Equal Weighted Index Shares	ETF	Open	—		Mar 21, 2012	—	0.350%	—	—	—

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