APPENDIX A Operating Expense Limitation Agreement Direxion Shares ETF TrustOperating Expense Limitation Agreement • February 27th, 2019 • Direxion Shares ETF Trust
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, 2020, to the extent that a Fund’s Total Annual Fund Operating Expenses exceeds a Fund’s daily net assets as listed below.
