Direxion

A source of strength is that the firm has been adept at retaining portfolio management talent, providing continuity for strategies, as shown by low turnover over the past five years compared with others in the industry. The firm tends to offer open-end and exchange-traded products at lower costs, a strength of the firm. On average, expenses for the firm's funds land in the second-cheapest quintile of category peers. Experienced longest-tenured management is a core advantage that Direxion has over others. Average asset-weighted tenure across management is 13 years, building confidence that the group has been put through its paces.