Direxion Daily Semiconductor Bull 3.. (SOXL)

The Direxion Daily Semiconductor Bull 3X Shares (NYSE ARCA:SOXL) is a fund that primarily invests over 80% of its net assets in financial instruments including swap agreements, index securities, and ETFs that follow the index. It also uses other financial instruments to provide daily leveraged exposure to the index or ETFs tracking the index.

The index the fund follows is a modified float-adjusted market capitalization-weighted index that monitors the performance of the thirty largest U.S. listed semiconductor companies. It's worth noting that the fund is non-diversified, focusing on specific sectors within the semiconductor industry.

For more information, visit their official website at http://www.direxionfunds.com. The fund is based in the United States, aligning its operations with the country's financial regulations and market practices.