BetaPro Canadian Gold Miners -2x Daily Bear ETF T.HGD

Alternate Symbol(s): HZRZF

HGD seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the inverse (opposite) of the daily performance of the Solactive Canadian Gold Miners Index. If HGD 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 any decrease in the Solactive Canadian Gold Miners Index when this Underlying Index declines on that given day. Conversely, HGDs net asset value should lose approximately twice as much on a given day, on a percentage basis, as any increase in the Solactive Canadian Gold Miners Index when this Underlying Index rises 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, HGD employs leverage.

TSX:HGD - Post by User

BetaPro Canadian Gold Miners -2x Daily Bear ETF

Bullboard Posts

Post by gsallon Aug 14, 2008 4:30pm

188 Views

Post# 15385308

cash seat

Bring my own cash? crap, always a catch :).

Nothing but bad financial news today, conducive to gold going up hard. The talking heads are pumping the notion (put forth by Goldman "sacks") that since the US is going broke faster it will get broke sooner and therefore ahead of the race to recovery! Lets also not forget Paulson's connections with Goldman.

Pinch me!

gsall

Bullboard Posts

Paramount Resources signs $3.32 billion asset sale