Stock Events

Direxion HCM Tactical Enhanced US 

$30.61
1
+$0.63+2.09% Friday 20:51

Statistics

Day High
30.68
Day Low
30.14
52W High
30.68
52W Low
22.63
Volume
69,779
Avg. Volume
38,792
Mkt Cap
274.42M
P/E Ratio
0
Dividend Yield
0.21%
Dividend
0.06

Upcoming

Dividends

0.21%Dividend Yield
10Y Growth
N/A
5Y Growth
N/A
3Y Growth
N/A
1Y Growth
N/A

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About

HCMT is a fund-of-funds that aims to provide enhanced returns across multiple market cycles by allocating between US equities and cash or cash equivalents. Portfolio allocation is based on a proprietary quantitative model that utilizes the HCM-BuyLine, a tactical indicator that uses technical factors to identify broad trends in the US equity markets. An upward or downward trend is established when the S&P 500 Index closes above (for five consecutive days) or hits a specified threshold below the HCM-BuyLine. During an upward trend, the fund holds stocks, ETFs, and derivatives to achieve daily leveraged exposures of approximately 80% S&P 500, 80% NASDAQ-100, and up to 40% sector allocation. The fund selects only one sector whose market trend is the strongest according to a proprietary relative strength formula. The portfolio may rebalance daily when invested in US equities. During a downward trend, the fund fully invests in cash or cash equivalents in an attempt to preserve capital.
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CEO
Country
US
ISIN
US25461A7265

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