DIREXION FUNDS AMENDMENT TO THE TRANSFER AGENT SERVICING AGREEMENT
AMENDMENT
TO THE
THIS AMENDMENT, effective as
of the 15th day of
March, 2009, to the Transfer Agent Servicing Agreement dated as of February 16,
2004, as amended, (the “Transfer Agent Agreement”) is entered into by and
between Direxion Funds,
a Massachusetts business trust (the “Trust”) and U.S. Bancorp Fund Services,
LLC, a Wisconsin limited liability company (“USBFS”).
RECITALS
WHEREAS, the parties have
entered into a Transfer Agent Agreement; and
WHEREAS, the Trust and USBFS
desire to amend the Transfer Agent Agreement to revise the list of funds;
and
WHEREAS, Section 9 of the Transfer Agent
Agreement allows for its amendment by a written instrument executed by both
parties.
NOW, THEREFORE, the parties
agree as follows:
Exhibit A
is hereby superseded and replaced with Amended Exhibit A attached
hereto.
Except to
the extent amended hereby, the Transfer Agent Agreement shall remain in full
force and effect.
IN
WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by
a duly authorized officer on one or more counterparts as of the day and year
first written above.
| DIREXION FUNDS | U.S. BANCORP FUND SERVICES, LLC |
| By: /s/ Xxx X'Xxxxx | By: /s/ Xxxxxxx X. XxXxx |
| Name: Xxx X'Xxxxx | Name: Xxxxxxx X. XxXxx |
| Title: President | Title: Executive Vice President |
03/27/09
1
Amended
Exhibit A to the
Separate
Series of Direxion Funds – March 15, 2009
|
FUND NAMES
|
SERVICE
CLASS
|
INVESTOR
CLASS
|
INSTITUTIONAL
CLASS
|
|
S&P
500 Bull 2.5x Fund
|
x
|
||
|
NASDAQ-100
Bull 2.5x Fund
|
x
|
||
|
Small
Cap Bull 2.5x Fund
|
x
|
||
|
Dollar
Bull 2.5x Fund
|
x
|
||
|
Emerging
Markets Bull 2x Fund
|
x
|
||
|
Developed
Markets Bull 2x Fund
|
x
|
||
|
Latin
America Bull 2x Fund
|
x
|
||
|
Commodity
Bull 2x Fund
|
x
|
||
|
10
Year Note Bull 2.5x Fund
|
x
|
||
|
U.S.
Government Money Market
|
x
|
||
|
S&P
500 Bear 2.5x Fund
|
x
|
||
|
NASDAQ-100
Bear 2.5x Fund
|
x
|
||
|
Mid
Cap Bear 2.5x Fund
|
x
|
||
|
Small
Cap Bear 2.5x Fund
|
x
|
||
|
Dollar
Bear 2.5x Fund
|
x
|
||
|
Emerging
Markets Bear 2x Fund
|
x
|
||
|
Developed
Markets Bear 2x Fund
|
x
|
||
|
10
Year Note Bear 2.5x Fund
|
x
|
||
|
Dynamic
XX Xxxx Fund
|
x
|
||
|
Evolution
Managed Bond Fund
|
x
|
||
|
Evolution
All-Cap Equity Fund
|
x
|
||
|
Evolution
Market Leaders Fund f/k/a Evolution Small Cap Fund
|
x
|
||
|
Evolution
Alternative Investment Fund f/k/a Evolution Total Return
Fund
|
x
|
||
|
HCM
Freedom Fund
|
x
|
||
|
HY
Bear Fund
|
x
|
||
|
PSI
Total Return Fund
|
x
|
||
|
PSI
Macro Trends Fund
|
x
|
||
|
PSI
Core Strength Fund
|
x
|
||
|
Spectrum
Equity Opportunity
Fund
|
x
|
||
|
Spectrum
Global Perspective Fund
|
x
|
||
|
Spectrum
Select Alternative Fund
|
x
|
||
|
China
Bull 2x Fund
|
x
|
||
|
Commodity
Trends Strategy
Fund
|
x
|
x
|
|
|
Direxion
CTS Fund (a wholly
owned
subsidiary of the
Commodity
Trends Strategy
Fund)
|
|||
|
Financial
Trends Strategy Fund
|
x
|
x
|
|
|
Direxion/Wilshire
Dynamic Fund
|
x
|
x
|
03/27/09
2
