Direxion Daily Total Bond Market Bear 1X Shares is an open-end manament investment company. The Fund seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the performance of the Barclays Capital U.S. Aggregate Bond Index. The fund creates short positions by investing at least 80% of its net assets in financial instruments that provide exposure to the index. It invests the remainder of its assets in short-term debt instruments that have terms-to-maturity of less than 397 days and exhibit high quality credit profiles. As of Oct 31 2013, the Fund's total assets were $9,009,471 and its investments were valued at $1,730,081. The SAGG average annual return 10 years is shown above.
The Average Annual Return on the SAGG average annual return 10 years page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether SAGG average annual return 10 years or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the SAGG average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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