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BetaPro Canadian Gold Miners -2x Daily Bear ETF T.HGD

Alternate Symbol(s):  HZRZF

HGD seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the inverse (opposite) of the daily performance of the Solactive Canadian Gold Miners Index. If HGD 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 any decrease in the Solactive Canadian Gold Miners Index when this Underlying Index declines on that given day. Conversely, HGDs net asset value should lose approximately twice as much on a given day, on a percentage basis, as any increase in the Solactive Canadian Gold Miners Index when this Underlying Index rises 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, HGD employs leverage.


TSX:HGD - Post by User

Post by The_brainon Apr 04, 2009 12:18am
792 Views
Post# 15896458

The golden bull is officially roadkill,,,IMO

The golden bull is officially roadkill,,,IMOThe safe haven for the investors that bought gold at 300 US in 99-00 will soon be cashing out.

There is a world glut in gold IMO,
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