Direxion Daily MSFT Bull 2X Shares

Direxion Daily MSFT Bull 2X Shares is a leveraged exchange-traded fund designed to provide twice the daily price performance of Microsoft Corporation’s common stock, before fees and expenses. The fund uses derivatives, primarily swap agreements, to create synthetic exposure to Microsoft rather than holding only the stock directly. It is intended for investors seeking short-term, tactical exposure to Microsoft’s share movements within a single trading day. The portfolio may also include Microsoft shares, cash instruments, and collateral assets to support its daily objectives and manage liquidity. Direxion Daily MSFT Bull 2X Shares is part of Direxion’s single-stock leveraged ETF lineup and is structured to reset its exposure daily, which makes its performance dependent on the path of returns over time. It serves as a specialized tool in the equity derivatives market, offering amplified exposure to one of the largest software and cloud technology companies.