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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 mikerosoft666on Oct 30, 2008 5:04pm
333 Views
Post# 15556848

RE: Gold Down -HGU Up ?? Gold Stocks Up

RE: Gold Down -HGU Up ?? Gold Stocks Up
I got the same feeling today.  So bought up a bunch of this...   will buy on the dips tomorrow to hold over the weekend.

Also got HJU at new 52 week low  -  it was hard to resist - even if I am holding it until 2010...  but it's moved up 25% already in 2 days.


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Dealroom for high-potential pre-IPO opportunities