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BetaPro Canadian Gold Miners -2x Daily Bear ETF T.HGD

Alternate Symbol(s):  HZRZF

HGD seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the inverse (opposite) of the daily performance of the Solactive Canadian Gold Miners Index. If HGD is successful in meeting its investment objective, its net asset value should gain approximately twice as much on a given day, on a percentage basis, as any decrease in the Solactive Canadian Gold Miners Index when this Underlying Index declines on that given day. Conversely, HGDs net asset value should lose approximately twice as much on a given day, on a percentage basis, as any increase in the Solactive Canadian Gold Miners Index when this Underlying Index rises on that given day. In order to achieve this objective, the total underlying notional value of these instruments and/or securities will typically not exceed two times the total assets of the ETF. As such, HGD employs leverage.


TSX:HGD - Post by User

BetaPro Canadian Gold Miners -2x Daily Bear ETF
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Comment by Trader1007on Nov 15, 2010 6:44pm
297 Views
Post# 17709666

RE: RE: 1367 didn't hold

RE: RE: 1367 didn't holdApart from some relatively small movement in the price of gold, odds are to the upside still as they are trying to bring down the price of the Euro.

If a new margin requirement comes into effect again at the end of the year, we could remain within 1300-1500 til
the end of the year.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities