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 29, 2008 9:27pm

127 Views

Post# 15421377

PMP where are you?

We miss your input (at least I do).

I recently subscribed to ElliotWave.com. Very pessimistic. Third wave decline at multiple degrees of trend to start once the current bounce is exhausted (their words) They are looking for gold to drop down to $600 (they don't quite say when though, but imminent) . Do you still feel HGU popping up next week?

gsall

Bullboard Posts

Visionstate set to leverage success in the U.S. market