0001193125-18-058626 Sample Contracts

APPENDIX A Operating Expense Limitation Agreement Direxion Shares ETF Trust
Direxion Shares ETF Trust • February 26th, 2018

Rafferty 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.

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