YINN Fees and Costs — Direxion Daily FTSE China Bull 3X Shares
Data updated: 2026-09-28
The net expense ratio is 1.36%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $5.3M in broker commissions, 0.3807% of average net assets, and portfolio turnover was 39%.
YINN Fees and Expenses
Annual operating expenses and sales charges of YINN. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.18% |
| Gross expense ratio | 1.36% |
| Fee waiver | — |
| Net expense ratio | 1.36% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
YINN Costs Over Time
On $10,000 invested in YINN, assuming 5% a year before costs, total costs come to $1,073 over 5 years, cutting the return by 1.83% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.36%) | $143 | $442 | $761 |
| Trading costs (broker commissions) | $40 | $124 | $213 |
| Lost growth on money paid in costs | $0 | $28 | $99 |
| Total costs | $183 | $594 | $1,073 |
| Value after costs | $10,317 | $10,982 | $11,690 |
| Impact on return, per year | 1.83% | 1.83% | 1.83% |
YINN Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.3807%
- Total broker commissions: $5.3M
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 39%
- Securities lending: none during the year
YINN Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $2.2M | 42.11% |
| Bank of America N.A. | $982K | 18.55% |
| UBS AG | $959K | 18.12% |
| Citibank, National Association | $412K | 7.78% |
| BNP Paribas | $282K | 5.32% |
| Barclays Bank PLC | $273K | 5.15% |
| Nomura Global Financial Products Inc. | $125K | 2.36% |
| SG AMERICAS SECURITIES LLC | $27K | 0.51% |
| BNY MELLON CAPITAL MAREKTS LLC | $4K | 0.08% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.