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Direxion Shares ETF Trust - Direxion Daily MSCI Brazil Bull 2X Shares is an exchange traded fund launched by Direxion Investments. It is managed by Rafferty Asset Management, LLC. It invests in public equity markets of Brazil. It invests directly, through derivatives and through other funds in stocks of companies operating across diversified sectors. The fund uses derivatives such as futures, swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track 2x the daily performance of the MSCI Brazil 25/50 Index. Direxion Shares ETF Trust - Direxion Daily MSCI Brazil Bull 2X Shares was formed on April 10, 2013 and is domiciled in the United States.