ETF's - TZA & SDS

[starfox182]

Hi, do either of these funds have termination clauses or anything like that? Do they get sold for any reason besides me selling them? Thank you so much, google and their websites gave me no info, the site for TZA
http://www.direxionshares.com/etfs/distributions_qa.html
talked about weird stuff like ex-date and pay date but I just don;t know what that all means in english. Hope you can help!

 

[tsptalk]

I am not aware of anything like a termination clause, but I believe they are talking about how short funds handle dividend distributions. I believe it is all reflected in the share prices.

 

[starfox182]

Thanks, I really appreciate your answer! I'm taking out the max TSP loan I have into these funds and just didn't know what it meant.