Two new ways to invest with an insider trading strategy

Direxion Shares, the fund group known primarily for its leveraged ETFs, is moving into more buy-and-hold strategies.

And the firm is doing it first by launching 2 ETFs that use variants on Sabrient’s Insider Sentiment Index. ¬†Direxion announced that it was floating 2 funds:

  • Direxion Large Cap Insider Sentiment Shares (NYSEArca: INSD)
  • Direxion All Cap Insider Sentiment (NYSEArca: KNOW)

You can see the prospectus for both funds here.
These two funds join Guggenheim’s Insider ETF ($NFO) — also powered by Sabrient’s Insider Sentiment Index.

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