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 moneydiggeron Dec 05, 2008 2:46pm

448 Views

Post# 15630317

RE: RE: Nice base for HGU...agostino..

Today's action really sold me on gold, $750 is a strong base here and I don't see any downside on Gold from here. Back to top of trend next week ($820) then who knows? Looks like we will stay between $750 and $820 until the US dollar gets a real good kick in the teeth. Just a matter of time that the US dollar will go down again!

Bullboard Posts

Canadian government to fund Electric Royalties portfolio property