BetaPro Canadian Gold Miners 2x Daily Bull ETF T.HGU

Alternate Symbol(s): HZNSF

Metals & Mining Gold

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

Bullboard Posts

Comment by presto10on Nov 30, 2008 10:58am

117 Views

Post# 15618996

RE: RE: ""-"OIL going to $40.00/ GOLD going to $60

HGU may get you leverage to gold but my definition of a GAMBLER includes HXD, lol! The positive commentaries in favor of gold and gold jrs has reached shrill levels, yet again! Geez, I think this time they may well be right. The problem of course is money supply and guts. A lot of big trading money has moved to the sidelines in cash and to the big caps.

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