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 Kooleron Dec 05, 2008 11:06am

312 Views

Post# 15629689

RE: GOLD: Not the "Safe Haven" You Think It Is

i think it's a bit pre-mature (at best) to come to the conclusion that gold is not the safe haven it used to be.

hey sleater, that's just it. it never was. It's a misconception or "conventional wisdom that has not been proven". Please go back and re-read the article and the historical data as to why it never was. It totally blew my mind and open my eyes when I read this article. Hopefully, it will make me a better trader.

Bullboard Posts

BCG-Unresponsive Non-Muscle Invasive Bladder Cancer Carcinoma-In-Situ: A Patient's Guide