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

Bullboard Posts

Post by fireintheholeon Feb 10, 2009 3:48pm

322 Views

Post# 15767892

Gold futures are up strong, today...

...add to that the now incredibly cheaper cost of energy for the gold mining firms, and, when the smoke clears from today's market action and the news out of Washington, DC, this is still the only place to be.

https://www.crbtrader.com/data/default.asp?page=quote&sym=GCJ9&mode=i

Bullboard Posts

Options trading in a volatile macro environment