Rafferty Asset Management Closing Three ETFs

The Board of Trustees of the Direxion Shares ETF Trust ("the Board") has decided to liquidate and close the Direxion Daily Silver Miners Index Bull 2X Shares and Direxion Daily Emerging Markets Bond Bull 3X Shares, ("the Funds") based on the recommendation of Rafferty Asset Management, LLC, the Funds' investment advisor. In addition, the Board has also decided to liquidate and close the PortfolioPlus Total Bond Market ETF ("the Fund") based on the recommendation of Direxion Advisors, LLC, the Fund's investment adviser.

The Funds will cease trading on the NYSE Arca, Inc. ("NYSE") and will be closed to purchase by investors as of the close of regular trading on the NYSE on September 24, 2018 (the "Closing Date").  The Funds will not accept purchase orders after the Closing Date.