NEW YORK, April 8, 2020 /PRNewswire/ — Direxion has announced it will execute a reverse split of the issued and outstanding shares of twelve ETFs (each, a “Fund” and collectively, the “Funds”).
Direxion Daily Junior Gold Miners Index Bull 3X Shares—JNUG
|
1 for 10
|
The total market value of the shares outstanding will not be affected as a result of these splits, except with respect to the redemption of fractional shares, as outlined below.
After the close of the markets on April 22, 2020, each Fund will affect reverse splits of its issued and outstanding shares as follows
Direxion Daily Gold Miners Index Bull 3X Shares—NUGT
|
1 for 5
|
|