This Direxion fund aims to deliver daily investment results that are three times (300%) the daily performance of the MSCI EAFE Index, prior to accounting for fees and expenses. To achieve this amplified return, the fund primarily allocates at least 80% of its net assets (which may include capital acquired through borrowing) to an array of financial instruments. These instruments typically encompass swap agreements, direct securities of the underlying index, exchange-traded funds (ETFs) designed to mirror the index's performance, and other leveraged vehicles specifically crafted to provide magnified daily exposure to the index or its related ETFs. The underlying MSCI EAFE Index, which this fund tracks, measures the performance of large- and mid-capitalization companies across 21 developed market countries globally, with the notable exclusion of the United States and Canada. Investors should also be aware that the fund operates as a non-diversified entity.