Direxion Shares Exchange Traded Fund Trust - Daily Japan Bull 3X Shares is an open-end manament investment company. The Fund seeks daily investment results, before fees and expenses, of 300% of the performance of the MSCI Japan Index. The fund creates long positions by investing at least 80% of its assets in the securities that comprise the MSCI Japan Index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is designed to measure the performance of the large and mid cap segments of the Japan equity market. As of Oct 31 2015, the Fund's total assets were $16,241,000 and its investment portfolio was valued at $12,314,543. The JPNL stock yearly return is shown above.
The yearly return on the JPNL stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2018 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the JPNL annual return calculation with any dividends reinvested as applicable (on ex-dates).
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