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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
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Comment by gunny74on Jan 06, 2009 4:08pm
183 Views
Post# 15686474

RE: kerby & undertaker!!! the worst of the worst!

RE: kerby & undertaker!!! the worst of the worst!I don't take joy in others losses, but do not F@CK with the "D"s, IMO. Gold may be consolidating for another run, so be careful here. The tone and trend is up. Sell the "u"s on pops, leave the "D"s alone and buy the "U"'s again on drops.( at least until the Obama days ) GLTA
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities