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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Comment by Cartman666on May 02, 2009 7:18pm

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Post# 15962274

shorting

stockabcde - I've been preaching shorting the opposite ETF for a while - the only challenges I have (and they seem to be getting worse) is there not being any shares available to borrow. HGD is now impossible to get through iTrade. I checked with my full service guy and he couldn't get any. I heard of others still getting some though - it's hit and miss. Couldn't short HOD last week, but a day later it was fine.... what can you do. I cringe if I'm long on an ETF and you can notice the day to day decay each day...

Try and say those last 6 words really fast 6 times in a row. Bet ya can't

C-man

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