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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
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(7)
•••
Comment by moneydiggeron Jan 23, 2009 9:55am
244 Views
Post# 15723382

RE: Gold breaking through resistance

RE: Gold breaking through resistance

$880 resistance holding very strong!

Looks like it will be for another day.  I don;t think its ready yet.  Soon yes but not today!

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities