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 gaserx2on Feb 11, 2009 1:41am

752 Views

Post# 15769178

RE: RE: RE: RE: RE: RE: RE: RE: RE: Pls explain to

Probability.....Thank you for your post. Finally someone who gets the Big Picture. I tried to turn the lights on earlier when all this started with the posters about re-balancing this and that. Man they must be Scholars or mathematicians or something from , maybe, Harvard. Guys with their pants pulled up way over their belly button. When the POG goes back to $1000+ and Goldcorp and Agnico and many others reach and pass their all time highs, they are going to be sitting their with their pencils saying, "I 'm not sure how this happened" . HGU will be at $25 and climbing with each rise in the TSX S&P Gold Index. IMHO.

Bullboard Posts

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