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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 rich1234on Nov 24, 2008 3:37pm
264 Views
Post# 15607065

RE: RE: Crash !!!!!!!!!!!

RE: RE: Crash !!!!!!!!!!!

Ofcourse it could go to 300.

And if it does go to 300 expect every other investment to be about 1% of what it is currently worth. In other words, our concerns at that point will be food riots. And not whether or not gold is nothing but a shiny metal.

Tell people in Iceland (who cashed into gold before their currency crashed) that gold is nothing but a shiny metal. hahahaha

Bullboard Posts
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