About Direxion Shares ETF Trust Direxion HCM Tactical Enhanced US ETF (HCMT)

Direxion Shares ETF Trust Direxion HCM Tactical Enhanced US ETF (HCMT) is an exchange-traded fund that seeks to provide investment results that correspond to the performance of the HCM Risk-Managed Asset Allocation Index. It aims to achieve this by investing in a combination of other ETFs that represent various asset classes and sectors of the US equity market. The fund employs a tactical asset allocation strategy, which means that it dynamically adjusts its holdings based on market conditions and risk factors.

The HCM Risk-Managed Asset Allocation Index, which the HCMT ETF is designed to track, is a rules-based index that takes into account multiple risk factors, including market volatility, credit spreads, and momentum. The index utilizes a proprietary model developed by HCM Capital Advisors to determine the appropriate asset allocation. The model aims to reduce downside risk while participating in the upside potential of the equity market.