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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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Post by valmeidanon Oct 03, 2013 3:26pm
99 Views
Post# 21788939

hgd vs hgu vs gold

hgd vs hgu vs goldI don't trust HGU anymore, I have been burned on it once to many times. The timing is tough, Better to wait for HGD to drop then buy. I wouldnt doubt HGU will go to 7.30-7.40, retesting that low then MAYBE bounce, or maybe not. When HGU can move to 8.30 with little change in spot gold that says something for the manipulation of this stock, I think someone wants to see this thing go down more. But we will see IMHO
Bullboard Posts
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