******************************* FORM N-Px REPORT ******************************* ICA File Number: 811-09761 Reporting Period: 07/01/2015 - 06/30/2016 Direxion Insurance Trust UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM N-PX ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number 811-09761 DIREXION INSURANCE TRUST (Exact name of registrant as specified in charter) 1301 AVENUE OF THE AMERICAS (6TH AVE.) 28th FLOOR NEW YORK, NY 10019 (Address of principal executive offices) (Zip code) U.S. BANCORP FUND SERVICES, LLC 615 E. MICHIGAN AVENUE MILWAUKEE, WI 53202 (Name and address of agent for service) Registrant's telephone number, including area code: 1-800-851-0511 Date of fiscal year end: December 31 Date of reporting period: July 1, 2015 - June 30, 2016 ITEM 1. PROXY VOTING RECORD. ======================= Direxion Dynamic VP HY Bond Fund ======================= There is no proxy voting activity for the fund, as the fund did not hold any votable positions during the reporting period. ================= Direxion VP Indexed Commodity Strategy Fund ================== There is no proxy voting activity for the fund, as the fund did not hold any votable positions during the reporting period. ============== Direxion VP Indexed Managed Futures Strategy Fund =============== There is no proxy voting activity for the fund, as the fund did not hold any votable positions during the reporting period. ========== END NPX REPORT SIGNATURES Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. (Registrant) DIREXION INSURANCE TRUST By (Signature and Title) /s/ Eric W. Falkeis Eric W. Falkeis, Principal Executive Officer Date 8/19/2016