DIREXION SHARES ETF TRUST INDEX CHANGES (RUSL, RUSS)
Direxion has announced that prior to the opening of business on March 19, 2012, two of their funds will begin tracking a new index. The Direxion Daily Russia Bull 3X Shares (NYSEArca:RUSL) and the Direxion Daily Russia Bear 3X Shares (NYSEArca:RUSS) are currently tracking the DAXglobal Russia+ Index. On March 19th, these funds will begin tracking the Market Vectors Russia Index. There will be no changes in issue name, ticker symbol, or CUSIP.
The Market Vectors Russia Index has a market capitalisation of USD 650 billion with 45 components and the following top companies and top sectors as of 30 December 2011:
Top five companies: Lukoil (8.55%), Gazprom (8.15%), Sberbank (6.80%), Norilsk Nickel (6.23%), Novatek (6.06%).
Top five sectors : Energy (41.62%), Materials (21.29%), Telecommunication Service (12.03%), Financials (11.21%), Utilities (6.28%).
Detailed information about the Market Vectors Russia Index, including methodology details and comprehensive data is available on www.marketvectorsindices.com.