HCMT: Advantages Of Investing In Actively Managed ETFs

Direxion HCM Tactical Enhanced US ETF (HCMT) was launched on June 22nd, 2023. The fund strategy involves daily exposures of approximately 80% to S&P 500 and QQQ with up to 40% allocated to a specific sector. Investment signals are based on HCM-buyline, a rules-based technical indicator system. Ed Egilinsky and Vance Howard discuss HCMT and advantages of investing in actively managed ETFs. Howard Capital Management and Direxion will be ringing the NYSE closing bell July 26th. They talk about how HCMT has $4B in assets under management and HCMT is up 7.6% since its inception. Tune in to find out more about the stock market today.