Direxion Investments Reorganizes And Expands Distribution Team

NEW YORK, Oct. 2, 2014 /PRNewswire/ -- Direxion Investments, an ally for both strategic and tactical investors seeking to solve for better investment outcomes, announces the addition of four professionals to its distribution team. Direxion has reorganized and expanded its distribution team to provide complementary service and support to institutional investors and financial advisors. The team now includes seven external Regional Directors and four Institutional Strategists. Including the internally-based sales professionals, the total distribution team now stands at nineteen.

"Direxion recognizes that now more than ever, advisors are interested in building outcome-oriented portfolios for their clients by utilizing non-traditional investment strategies through fee-based accounts," said Brian Jacobs, President of Direxion Investments. "Our organization is now well-positioned to provide excellent service to financial advisors and institutions."

Brendan Cavanaugh has been appointed Vice President, Capital Markets Institutional Strategist, based in New York City. He will support Direxion's institutional clients. Mr. Cavanaugh was formerly Vice President for Global Corporate Access at Goldman Sachs.

Phillip Hall has joined Direxion as Senior Vice President, Regional Director serving the North Central territory, based in Chicago. Mr. Hall is a fifteen-year veteran of Morgan Stanley, and most recently worked as the Regional Business Development Manager in the Southern California Region.

Michael Lee Jr., CAIA, is the new Senior Vice President, Regional Director for the Southeast, based in Raleigh, N.C. Mr. Lee previously served as a Regional Director at Hatteras Funds, where he promoted hedge fund of funds, private equity fund of funds and alternative mutual funds throughout various channels.

John Vaughan, CAIA, serves as Senior Vice President, Institutional Strategist. Mr. Vaughan advises institutions and financial advisors on their investment strategies, and has held senior positions at Eaton Vance, Fidelity Investments, Hatteras Funds and Salient Partners. Mr. Vaughan holds a JD as well as a CPWA designation.

All four executives report to Stephen Rudman, Managing Director and Head of Sales at Direxion Investments.

"At a time when non-traditional investment products continue to generate investor interest and increase in market share, it is important that advisors and investors understand the strategies that are available to them as well as how these options can help investors reach their financial goals," said Mr. Jacobs. "John, Phil, Michael and Brendan will work with financial advisors and their clients to successfully utilize our unique investment strategies to achieve their desired outcomes."

About Direxion Investments:

Direxion Investments offers highly liquid, tactical and strategic institutional-quality ETFs and mutual funds for investors seeking to solve for better investment outcomes. Founded in 1997, the company has approximately $8.4 billion in assets under management as of June 30, 2014. Our diverse suite of products helps investors navigate today's ever-changing markets. For more information, please visit www.direxioninvestments.com.

There is no guarantee that the funds will achieve their objectives.

For more information on all Direxion ETFs, go to direxioninvestments.com, or call us at 866.476.7523.

An investor should consider the investment objectives, risks, charges, and expenses of Direxion ETFs carefully before investing. The prospectus and summary prospectus contains this and other information about Direxion ETFs. Download a prospectus and summary prospectus at www.direxioninvestments.com. The prospectus and summary prospectus should be read carefully before investing.

Risks:
An investment in the ETFs involve risk, including the possible loss of principal. The ETFs are non-diversified and include concentration risk that results from the Funds' investments in a particular industry or sector which can increase volatility. The use of derivatives such as futures contracts, forward contracts, options and swaps are subject to market risks that may cause their price to fluctuate over time. The leveraged ETFs do not attempt to, and should not be expected to, provide returns which are a multiple of the return of the Indexes for periods other than a single day. For other risks including leverage, correlation, compounding, market volatility and specific risks regarding each sector, please read the prospectus.

Distributor: Foreside Fund Services, LLC.

CONTACT:
James Doyle
JCPR 
973-850-7308
[email protected]

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SOURCE Direxion Investments

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