DIREXION CCTED CONSUMER ETF ETF

The investment seeks investment results, before fees and expenses, that track the Solactive Connected Consumer Index (the index). The fund, under normal circumstances, invests at least 80% of its net assets in the securities that comprise the index. The index is comprised of companies that provide products and services in one of the following industries, which facilitate the ability of consumers to connect with each other and obtain desired services: home entertainment, online education, remote health and well-being, and virtual and digital social interaction. It is non-diversified.