APPENDIX A Amended and Restated Operating Expense Limitation Agreement Direxion Funds
APPENDIX A
Amended and Restated
Operating Expense Limitation Agreement
Xxxxxxxx Asset Management, LLC (“RAM”) has contractually agreed to cap all or a portion of its management fee and/or reimburse each Fund listed below for Other Expenses through September 1, 2025, to the extent that a Fund’s Total Annual Fund Operating Expenses exceeds a Fund’s daily net assets as listed below.
| Investor Class Shares |
||||
| Fund |
Expense Cap | |||
| Direxion Monthly S&P 500® Bull 1.75X Fund |
1.35 | % | ||
| Direxion Monthly NASDAQ-100® Bull 1.75X Fund |
1.35 | % | ||
| Direxion Monthly Small Cap Bull 1.75X Fund |
1.35 | % | ||
| Direxion Monthly 7-10 Year Treasury Bull 1.75X Fund |
1.35 | % | ||
| Direxion Monthly 7-10 Year Treasury Bear 1.75X Fund |
1.35 | % | ||
| Direxion Monthly NASDAQ-100® Bull 1.25X Fund |
1.15 | % | ||
| Direxion Monthly High Yield Bull 1.2X Fund |
1.35 | % | ||
Dated: August 24, 2023
