BetaPro Canadian Gold Miners 2x Daily Bull ETF T.HGU

Alternate Symbol(s): HZNSF

HGU seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the daily performance of the Solactive Canadian Gold Miners Index. If HGU 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 the Solactive Canadian Gold Miners Index when this Underlying Index rises on that given day. Conversely, HGUs net asset value should lose approximately twice as much on a given day, on a percentage basis, as the Solactive Canadian Gold Miners Index when this Underlying Index declines 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, HGU employs leverage.

TSX:HGU - Post by User

BetaPro Canadian Gold Miners 2x Daily Bull ETF

Bullboard Posts

Comment by tradehappyon Sep 17, 2008 3:19pm

181 Views

Post# 15463882

RE: KUNGFU: Is this the trigger for the nxt run-up

That's a tough call. But I would say nothing goes in a straight line. There's more money to be made when prices oscillate up and down during a trend. Hence, upper and lower channels, etc... With such a big move up today, I'd like to sit back and watch for a pull back. I locked in some profits on the move up. I'm sure others did the same. Just watching energy now. It broke 329. Could be on it's way back to 351. Who knows? :)

Bullboard Posts

Morning Market Outlook for June 3, 2024