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 gaserx2on Oct 09, 2008 11:01pm

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Post# 15518293

RE: Gold on the rise tonight

Switching may be a prudent move for some in the near term. However I am not going to switch from HGU at this point. Gold experts are saying and have been saying for some time that at a certain point in this long term bull for Gold, that the Gold mining shares that are well funded with good properties are eventually going to outperform the actual price of Bullion. That I believe will happen. The S&P TSX Global Gold Index will rise with these Large Cap producers and it may rise like a tightly coiled spring.

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