FUND ACCOUNTING SERVICING AGREEMENTFund Accounting Servicing Agreement • April 30th, 2010 • Direxion Insurance Trust • Wisconsin
THIS AGREEMENT is made and entered into as of this 24th day of February, 2010, by and among DIREXION FUNDS, a Massachusetts business trust, DIREXION INSURANCE TRUST, a Massachusetts business trust (collectively referred to as the “Trust”), acting for and on behalf of each series as are currently authorized and issued by the Trust or may be authorized and issued by the Trust subsequent to the date of this Agreement (each a “Fund” and collectively the “Funds”) and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin limited liability company (“USBFS”).
FUND ADMINISTRATION SERVICING AGREEMENTFund Administration Servicing Agreement • April 30th, 2010 • Direxion Insurance Trust • Wisconsin
THIS AGREEMENT is made and entered into as of this 24th day of February, 2010, by and among DIREXION FUNDS, a Massachusetts business trust, DIREXION INSURANCE TRUST, a Massachusetts business trust (collectively referred to as the “Trust”), acting for and on behalf of each series as are currently authorized and issued by the Trust or may be authorized and issued by the Trust subsequent to the date of this Agreement (each a “Fund” and collectively the “Funds”) and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin limited liability company (“USBFS”).
DIREXION INSURANCE TRUST INVESTMENT ADVISORY AGREEMENTInvestment Advisory Agreement • April 30th, 2010 • Direxion Insurance Trust • Massachusetts
This Investment Advisory Agreement between Direxion Insurance Trust (the “Trust”), a business trust organized under the laws of the Commonwealth of Massachusetts, and Rafferty Asset Management, LLC, a New York limited liability corporation (the “Adviser”), is made as of April 28, 2004, as last amended and restated on August 26, 2009.
AMENDED & RESTATED DISTRIBUTION AGREEMENTDistribution Agreement • April 30th, 2010 • Direxion Insurance Trust • New York
THIS AGREEMENT is made as of April 28, 2004, as revised and restated on August 2009, among the Direxion Insurance Trust (the “Trust”), a Massachusetts business trust, Rafferty Asset Management, LLC (“Rafferty”), a New York limited liability corporation, and Rafferty Capital Markets, LLC (“Distributor”), a limited liability company organized and existing under the laws of the State of New York and the successor to Rafferty Capital Markets, Inc., the original distributor under this Agreement. (All future references herein to this Agreement refer to this Agreement as revised and restated on August 26, 2009.)
TRANSFER AGENT SERVICING AGREEMENTTransfer Agent Servicing Agreement • April 30th, 2010 • Direxion Insurance Trust • Wisconsin
THIS AGREEMENT is made and entered into as of this 24th day of February, 2010, by and among DIREXION FUNDS, a Massachusetts business trust, DIREXION INSURANCE TRUST, a Massachusetts business trust (collectively referred to as the “Trust”), acting for and on behalf of each series as are currently authorized and issued by the Trust or may be authorized and issued by the Trust subsequent to the date of this Agreement (each a “Fund” and collectively the “Funds”) and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin limited liability company (“USBFS”).
OPERATING SERVICES AGREEMENT DIREXION INSURANCE TRUSTOperating Services Agreement • April 30th, 2010 • Direxion Insurance Trust • New York
This Agreement is made and entered into as of the first day of July 2009, by and between Direxion Insurance Trust, organized under the laws of the Commonwealth of Massachusetts (the “Trust”), on behalf of various series of the Trust (each a “Fund”, collectively, the “Funds”) listed on Schedule A hereto, as such schedule may be amended from time to time, and Rafferty Asset Management, LLC, a limited liability company (hereinafter referred to as the “Advisor”).
CUSTODY AGREEMENTCustody Agreement • April 30th, 2010 • Direxion Insurance Trust • Ohio
THIS AGREEMENT is made and entered into as of this 17th day of March, 2010, by and among DIREXION FUNDS, a Massachusetts business trust, DIREXION INSURANCE TRUST, a Massachusetts business trust (collectively referred to as the “Trust”), acting for and on behalf of each series as are currently authorized and issued by the Trust or may be authorized and issued by the Trust subsequent to the date of this Agreement (each a “Fund” and collectively the “Funds”) and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America (the “Custodian”).
