Core Viewpoint - Direxion Shares ETF Trust has decided to liquidate and close three ETFs due to insufficient investment assets, which is deemed to be in the best interest of the Funds and their shareholders [1] Fund Closure Details - The Funds will cease trading on NYSE Arca and will be closed to new purchases as of October 23, 2025 [2] - Shareholders can sell their holdings before the Closing Date, but from October 23 to October 30, 2025, sales may be limited to certain broker-dealers, and there may not be a market for the shares during this period [3] Liquidation Process - On or about the Liquidation Date, the Funds will liquidate their assets and distribute cash pro rata to shareholders who have not sold their shares, with these distributions being taxable events [4] - The net asset value of each Fund on the Liquidation Date will reflect the costs associated with closing the Fund [4] Company Overview - Direxion, founded in 1997, manages approximately $57.4 billion in assets as of September 30, 2025, and offers ETF solutions tailored for various investor strategies [5]