BetaPro Canadian Gold Miners -2x Daily Bear ETF T.HGD

Alternate Symbol(s): HZRZF

HGD seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the inverse (opposite) of the daily performance of the Solactive Canadian Gold Miners Index. If HGD 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 any decrease in the Solactive Canadian Gold Miners Index when this Underlying Index declines on that given day. Conversely, HGDs net asset value should lose approximately twice as much on a given day, on a percentage basis, as any increase in the Solactive Canadian Gold Miners Index when this Underlying Index rises 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, HGD employs leverage.

TSX:HGD - Post by User

BetaPro Canadian Gold Miners -2x Daily Bear ETF

Bullboard Posts

Comment by EmoOnon Dec 11, 2008 1:26pm

150 Views

Post# 15640625

RE: RE: RE: Well

Im with you guys. So far Im a little bit underwater with HGD. I was thinking of buying SLW to hedge myself, but after looking at the run it just had, I think Ill just wait for HGD to pull back some more then hope in for a short term trade. Im sure gold will be good long term, but for a short term trade Ill load up on HGD if it gets below $2.00! Keep close watch on the US dollar for signals. Europe still has many interest rates to cut, I cant see the Euro returning to its old highs. Plus if the markets starts to crash again the flight to safety will continue back into the US dollar. GLTA

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