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BRZU - Direxion Daily Brazil Bull 3X ETF

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by StockJock-e, May 19, 2017.

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  1. StockJock-e

    StockJock-e Brew Master
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    The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the MSCI Brazil 25/50 Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that provide daily leveraged exposure to the index and/or exchange-traded funds ("ETFs") that track the index. The index is designed to measure the performance of the large- and mid-capitalization segments of the Brazilian equity market, covering approximately 85% of the free float-adjusted market capitalization of Brazilian issuers. It is non-diversified.

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  2. StockJock-e

    StockJock-e Brew Master
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    Corruption and bribery charges against the President in Brazil caused the big drop here, but getting some bounce back today.
     
  3. stock1234

    stock1234 Well-Known Member

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    This one too volatile for me :p I did buy some PBR on the crash yesterday and sold out earlier today. Will see if we get another buying opportunity :D
     

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