Magnetic bit holder for speedy and secure changeover of bits. Durable bi-material handle with comfort grip. Three-position switch enables clockwise and counter-clockwise ratcheting and locked position. Includes 6 chrome vanadium bits with internal bit storage for easy access to bits - end cap carries 6 bits. Bits include (1) each 1/8", 3/16", 1/4" standard, (1) #1 Phillips, (2) #2 Phillips.