Amidst a busy earnings season, investors welcomed a slew of new funds this week. Direxion added to its impressive lineup of leveraged funds, launching a pair of bull/bear ETFs targeting developed European economies. Deutsche Asset & Wealth Management introduced two new currency-hedged funds: one focused on global equities outside the U.S. and another targeting South Korean equities. Van Eck also added to its lineup, launching four new funds that utilize a “quality” screening methodology [see How to Beat the S&P 500 with Style ETFs]. Direxion’s new bull/bear funds will both charge 0.95%: Daily FTSE Europe Bull 3x Shares : This fund offers 3x exposure to FTSE Developed Europe Index, a free float-adjusted market capitalization index that is designed to measure the equity market performance of the large- and mid-cap segments of the developed markets in Europe. Daily FTSE Europe Bear 3x Shares : This fund tracks the same index as EURL, but offers -3x exposure. Currently, the index consists of equities from the [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts