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BetaPro Canadian Gold Miners 2x Daily Bull ETF T.HGU

Alternate Symbol(s):  HZNSF

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
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Post by fireintheholeon Jan 25, 2009 10:14pm
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Post# 15727887

Holding gold is about wealth preservation....

Holding gold is about wealth preservation....
"Gold has always been about wealth preservation, not wealth creation," said Mark O'Byrne, director of Gold and Silver Investments, a precious metals broker. "In good times there are far better ways to make money, but in bad times, holding gold coins and bars is a way of making sure your wealth doesn't disappear altogether."

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