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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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Comment by FriendlyWolfon Sep 20, 2007 8:01pm
346 Views
Post# 13438959

RE: correction

RE: correctionSome analysts are calling for a correction in the gold price in the next few trading days. Gold is considered over bought here and could correct down to $710-$690. That would set the stage for a rally up to $800. Next few trading days will be interesting for gold. GLTA ---------------------------- Billy, There always is the HGD. I am closely wayching it too
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