Subject: File No. S7-24-15
From: Ty Triche

February 28, 2020

I understand the risk of investing in LI Funds. The Prospectuses for each fund explains the concept and implications of leveraging as well as the potential implications of daily rebalancing on subsequent returns, whether gains or losses. I have used LI funds for a couple of years now and like them very much. Direxion gives an excellent risk assessment and I hope to continue to be able to include them in my portfolio.