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 SAGE1on Mar 05, 2013 5:01pm

151 Views

Post# 21082441

RE: Lower highs,lower lows

There is no secret as to what holders of HGU are buying . You get a basket of gold stocks. The following list shows top ten holdings accounting for about 70%.

The effective change in the holdings is reflected double in HGU.

Many of these stocks are at 52 week lows.

Read more at the horizons wedsite.

Do your own due dilligence.

FYI s1

Top 10 Index Holdings

VALUE AS AT January 31, 2013

BARRICK GOLD CORPORATION 15.24 %

GOLDCORP INC. 13.67 %

Newmont Mining Corp 10.22 %

YAMANA GOLD INC. 5.87 %

AngloGold Ashanti Ltd ADR 5.13 %