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TMF

BMV
732 MXN
15
2.09%
Last update Jun 23, 12:20 PM CST
Market closed
Day range
732
740
Previous close
717
Open
740
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Direxion Daily 20+ Year Treasury Bull 3x Shar...
732.00
15
2.09%

Overview

Description

Direxion Daily 20+ Year Treasury Bull 3x Shares is a leveraged exchange-traded fund (ETF) designed to amplify returns tied to the performance of long-term U.S. Treasury bonds. Its primary function is to deliver triple (3x) the daily returns of the ICE U.S. Treasury 20+ Year Bond Index, making it a powerful tool for traders and investors seeking significantly magnified exposure to movements in long-term U.S. government debt securities. This ETF plays a crucial role for those who anticipate a decrease in interest rates, as bond prices typically rise in such environments, potentially leading to higher returns. It influences the bond market by attracting short-term trades and leveraged investing strategies. Consequently, it impacts sectors sensitive to interest rate fluctuations such as real estate and utilities. While it provides an efficient vehicle for hedging or capitalizing on market trends, its high leverage comes with equally high risk, necessitating careful management. Typically, this product is suited for sophisticated investors with a risk appetite for short-term strategic maneuvers rather than long-term holding positions in their portfolios. Overall, this ETF represents an aggressive approach to bond market investment.

About

Address
Phone
866-476-7523
Website
Instrument type
ETF
Country
Mexico
MIC code
XMEX
Market closed

Exchange is currently closed
Main market opens in 9 hours 32 minutes

22:57
00:00
08:30
15:00
23:59

Trading Hours (Monday - Friday):

Main market
08:30 - 15:00
All times are displayed in the America/Swift_Current timezone (CST, UTC-06:00).