Direxion Daily MSFT Bull 1.5X Shares (MSFU) And Direxion Daily MSFT Bear 1X Shares (MSFD)

The Direxion Daily MSFT Bull 1.5X Shares, trading under the ticker MSFU, seeks daily investment results, before fees and expenses, of 150% of the daily performance of the common stock of Microsoft Corporation (NASDAQ: MSFT). The Direxion Daily MSFT Bear 1X Shares, trading under the ticker MSFD, seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the daily performance of Microsoft Corporation.