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

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Comment by greenpastureon Feb 04, 2010 1:48pm

460 Views

Post# 16752659

RE: RE: USD

Good read guys. That USD was 89.62 Mar 09 with the dow at 6500 bottom. Could they try this again this year after a 10 month up move on the dow? Dow has a 200 M/A at 9500-9600 but I see some stocks already have broken their 200 day... AEM CCO FNV etc. My bet is the HGU will test Apr 17 8.76 low with AEM it's Apr 30 low 50.80. Funny part is Gold was a mere 925.00 last year this time and AEM was 65-67. Now we have Gold 100.00 higher and AEM is hugging 50.00. Same with the HGU. HGU was at 13.50 last year this time and gold with gold 125.00 lower. A quick dip to 9.00 on HGU and don't think I can go wrong.

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