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 Feb 10, 2009 11:46am

424 Views

Post# 15766853

Gold looking better than ever..

People did not like what Obama had to say. Major amount of money needed from the states for bailout and will not come fast enough. Not good for the economy or US dollar, Gold is where people will hide again now more than ever. GOLD IS KING! This might of been what was needed to break the $1000 level. Very bullish and Gold should be pushed higher from here.

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