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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 Nov 05, 2008 11:53am
273 Views
Post# 15567750

RE: RE: mnl... the question is...

RE: RE: mnl... the question is...
Sold my HOD at $24.  Didn't mean too - but I take your advice seriously and so I thought $24 will be a nice exit...

HXD was a nail-biter this morning.  Locked in 1000 shares.  Bought   HOU under $8 (7.88 I think - hoping to accumulate a huge amount here as I suspect we will get back up soon enough...)

Also bought HGD this morning while it was on sale.

Will keep an eye on HGU...  don't know if I will hold HXD overnight although I think we are still in a bear mode and riding high right now.


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