Direxion Shares Exchange Traded Fund Trust - Daily South Korea Bull 3X Shares is an open-end manament investment company. The Fund seeks daily investment results of 300% of the performance of the MSCI Korea 25/50 Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the 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 South Korea equity market. As of Oct 31 2015, the Fund's total assets were $4,924,540 and its investment portfolio was valued at $3,493,036. The KORU YTD return is shown above.
The YTD Return on the KORU YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether KORU YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD 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 KORU YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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