Subject: File No. S7-24-15
From: William Tener

March 12, 2020

I am one who monitors my portfolio every day. I am one who also has been a holder of 2 of these funds from Direxion. I also move out of these funds as soon as the market turns negative and have had exceptional returns from these funds. This is not so with most funds which shows me that they keep most all the gains they hold leaves me with just a little. Thanks Bill