Direxion Funds licenses two Auspice Enhanced Indices

Auspice has entered into a partnership with Direxion funds of New York to license the Auspice Broad Commodity ER Index and Managed Futures ER Index for distribution to US Investors in a mutual fund format.

The two US based mutual funds will seek to replicate the performance of the Auspice Broad Commodity ER Index and Auspice Managed Futures ER Index.