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

Comment by gsallon Oct 22, 2008 1:56pm

142 Views

Post# 15540699

RE: Gold new low

Hey back off buddy and throw a pat or two on my back as I also was blaring the $600 gold horn :)

On a different tack:

Canadians, gotta love them (I do and I am naturalized one).

While I can practically see the feces falling off the fan on the American channels, I switch over to BNN and the same old, same old discussions on Encana, CN Rail, Petrocanada, Talisman etc. presided by a big handlebar mustache or Linda that obviously reads just what she is being fed on the teleprompter.

gsall

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