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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.
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TSX:HGU - Post by User
BetaPro Canadian Gold Miners 2x Daily Bull ETF
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Cartman666
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Comment by
Cartman666
on Apr 23, 2009 2:10pm
356 Views
Post# 15939849
RE: RE: RE: Pull Back Tomorrow or Not?
RE: RE: RE: Pull Back Tomorrow or Not?
I sold off my gold position an hour ago - will look for some retrace. Of course, I'm always hanging on to a base position :) - there will be opportunities for a lower entry IMO
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