As filed with the Securities and Exchange Commission on September 23, 2013
1933 Act File No. 333-28697
1940 Act File No. 811-08243
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-1A
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 |
x | |||
Pre-Effective Amendment No. | ¨ | |||
Post-Effective Amendment No. 139 | x |
and/or
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 |
x | |||
Amendment No. 140 | x |
(Check appropriate box or boxes.)
Direxion Funds
1301 Avenue of the Americas (6th Avenue), 35th Floor
New York, New York 10019
(Exact name of Registrant as Specified in Charter)
(Address of Principal Executive Office) (Zip Code)
Registrants Telephone Number, including Area Code: (646) 572-3390
Daniel D. ONeill
1301 Avenue of the Americas (6th Avenue), 35th Floor
New York, New York 10019
(Name and Address of Agent for Service)
Copy to:
Adam R. Henkel | Eric S. Purple | |
U.S. Bancorp Fund Services, LLC | K&L Gates LLP | |
615 East Michigan | 1601 K Street, NW | |
Milwaukee, WI 53202 | Washington, DC 20006 |
It is proposed that this filing will become effective (check appropriate box)
x | immediately upon filing pursuant to paragraph (b) |
¨ | On (date) pursuant to paragraph (b) |
¨ | 60 days after filing pursuant to paragraph (a)(1) |
¨ | On (date) pursuant to paragraph (a)(1) |
¨ | 75 days after filing pursuant to paragraph (a)(2) |
¨ | on (date) pursuant to paragraph (a)(2) of Rule 485. |
If appropriate, check the following box:
¨ | This post-effective amendment designates a new effective date for a previously filed post-effective amendment. |
EXPLANATORY NOTE
This amendment is being filed solely to submit exhibits containing risk/return summary information in interactive data format that is identical to the risk/return information contained in the Registrants prospectus that was filed with the Securities and Exchange Commission in Post-Effective Amendment No. 138 to the Registrants registration statement on September 3, 2013.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, (the Securities Act) and the Investment Company Act of 1940, as amended, the Registrant certifies that this Post-Effective Amendment No. 139 to its Registration Statement meets all the requirements for effectiveness pursuant to Rule 485(b) of the Securities Act, and the Registrant has duly caused this Post-Effective Amendment No. 139 to its Registration Statement on Form N-1A to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York and the State of New York on September 23, 2013.
DIREXION FUNDS | ||
By: |
/s/ Daniel D. ONeill* | |
Daniel D. ONeill | ||
Chief Executive Officer |
Pursuant to the requirements of the Securities Act, this Post-Effective Amendment No. 139 to its Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.
Signature |
Title |
Date | ||
/s/ Lawrence C. Rafferty* |
Chairman of the Board | September 23, 2013 | ||
Lawrence C. Rafferty | ||||
/s/ Gerald E. Shanley III* |
Trustee | September 23, 2013 | ||
Gerald E. Shanley III | ||||
/s/ John Weisser* |
Trustee | September 23, 2013 | ||
John Weisser | ||||
/s/ Daniel D. ONeill* |
Chief Executive Officer and Chief Investment Officer |
September 23, 2013 | ||
Daniel D. ONeill | ||||
/s/ Eric W. Falkeis* |
President | September 23, 2013 | ||
Eric W. Falkeis | ||||
/s/ Patrick J. Rudnick* |
Principal Financial Officer and Assistant Secretary |
September 23, 2013 | ||
Patrick J. Rudnick |
*By: | /s/ Angela Brickl |
|||
Attorney-In Fact pursuant to the Power of Attorney incorporated by reference to Post-Effective Amendment No. 138 to the Trusts Registration Statement filed with the SEC on September 3, 2013. |
EXHIBIT INDEX
Exhibit |
Exhibit No. | |
Instance Document |
EX-101.INS | |
Schema Document |
EX-101.SCH | |
Calculation Linkbase Document |
EX-101.CAL | |
Definition Linkbase Document |
EX-101.DEF | |
Label Linkbase Document |
EX-101.LAB | |
Presentation Linkbase Document |
EX-101.PRE |
Label | Element | Value |
---|---|---|
Risk/Return: | rr_RiskReturnAbstract | |
Registrant Name | dei_EntityRegistrantName | DIREXION FUNDS |
Prospectus Date | rr_ProspectusDate | Sep. 03, 2013 |
Document Creation Date | dei_DocumentCreationDate | Sep. 03, 2013 |