0000894189-09-004486 Sample Contracts

DIREXION FUNDS SUBADVISORY AGREEMENT

Subadvisory Agreement • December 30th, 2009 • Direxion Funds • Massachusetts

• Contract Type
  Subadvisory Agreement
• Filed
  December 30th, 2009
• Company
  Direxion Funds
• Jurisdiction
  Massachusetts

This Subadvisory Agreement is made as of January 1, 2010 (the “Effective Date”), between Rafferty Asset Management, LLC, a New York limited liability corporation (the “Adviser”), and IPOX® Capital Management, LLC (the “Subadviser”).