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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 09, 2008 7:10pm
95 Views
Post# 15575389

RE: RE: RE: RE: ta watch the vid...Oil down Gold u

RE: RE: RE: RE: ta watch the vid...Oil down Gold uOil and gold both bumping because USD backing off.  USD backing off because China throwing huge stimulus package at their economy.   Not sure I understand that trade.  Wouldn't Chinese economic boost make USD stronger ???

looks like oil could be up more than 5% in the morning if trend holds.  If I had $1000 for everytime it didn't hold from the COMEX overnights to the morning in N.A. I would have regained most of my losses in last 3 months  ...   LOL


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