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 Jan 08, 2009 1:15pm

265 Views

Post# 15691479

RE: RE: Not performing as should

it does not hold any ELD, if it does, it would be less than 2% , here is what it constitutes of:

TOP TEN INDEX HOLDINGS (SEPTEMBER 30, 2008)

TOTAL:			88.43%
1. Barrick Gold Corp.	24.12%	6. Anglogold Ashanti Ltd.	5.12%
2. Goldcorp Inc.	17.29%	7. Gold Fields	4.73%
3. Newmont Mining	12.85%	8. Yamana Gold Inc.	4.35%
4. Kinross Gold	8.11%	9. Lihir Gold Ltd	3.45%
5. Agnico-Eagle Mines	5.93%	10. Harmony Gold Mining Co Ltd	2.48%