Name of ETF: Direxion Daily Total Bond Market Bear 1x Shares
Benchmark Index: Barclay’s Capital U.S. Aggregate Bond Index
Ticker Symbol: SAGG
Types of Bonds Included in this Index A broad range of U.S. dollar denominated bonds which include Treasury bonds, mortgage-backed securities (MBS), agency bonds and corporate bonds.
Daily Target: -1x (inverse daily performance of index).
Short ETF: This ETF attempts to produce investment results in the opposite direction of the index. If the Barclay’s Capital U.S. Aggregate Bond Index goes up, the ETF is designed to go down. If the Barclay’s Capital U.S. Aggregate Bond Index goes down, the ETF is designed to go up.
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