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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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Post by mikerosoft666on Nov 19, 2008 11:27am
205 Views
Post# 15595594

I was overweight - sold at $6 this morning

I was overweight - sold at $6 this morning
reduced my position at $6.  Was buying like crazy down in low $5's   -   I can't seem to help myself but when I saw my share count I got nervous...  So now back down to 10,000...

I was running Avg. Cost of 6.31 but got it down to 5.75

No matter what I say here,  I will probably do the same thing again if we drop closer to $5.  No telling what I might do if we get into the $4's...

Is everybody having fun ?


Bullboard Posts
Dealroom for high-potential pre-IPO opportunities