APPENDIX A Operating Expense Limitation Agreement Direxion Shares ETF TrustOperating Expense Limitation Agreement • February 26th, 2018 • Direxion Shares ETF Trust
Contract Type FiledFebruary 26th, 2018 CompanyRafferty Asset Management, LLC has contractually agreed to cap all or a portion of its management fee and/or reimburse each Fund for Other Expenses through September 1, 2019, to the extent that a Fund’s Total Annual Fund Operating Expenses exceeds a Fund’s daily net assets as listed below.