RUSL Underexposed at Market Open
On March 2, 2022, Direxion Daily Russia Bull 2X Shares (RUSL) announced it would be underexposed to the market due to heightened volatility and sanctions on Russian securities following the invasion of Ukraine. The March 2, 2022 exposure for RUSL is reported at 83%. This limited exposure is a direct response to the increased restrictions imposed by the U.S. and other nations against Russia, emphasizing the impact of geopolitical events on financial instruments linked to Russian markets.
- RUSL's adjusted exposure remains at 83% despite market volatility.
- Increased market volatility and sanctions on Russian securities could affect future performance.
- Dependence on geopolitical stability poses risks to RUSL's valuation.
NEW YORK, March 2, 2022 /PRNewswire/ -- Due to the increased market volatility and restrictions on Russian securities and related exposure, resulting from sanctions and other measures imposed on Russia by the United States and other countries in response to its invasion of Ukraine, the Direxion Daily Russia Bull 2X Shares will be underexposed to the market today. At market open, the Direxion Daily Russia Bull 2X Shares will have the following exposure. This reduced exposure is for today, March 02, 2022, only.
Fund Name | Ticker | March 02, 2022 Exposure |
RUSL |
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SOURCE Direxion
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