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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.


TSX:HGU - Post by User

BetaPro Canadian Gold Miners 2x Daily Bull ETF
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Comment by stockabcdeon May 13, 2009 4:45pm
298 Views
Post# 15990933

RE: profit taking?

RE: profit taking?Well, SG said 15 by June so ask him for your money back if it doesn't happen...just joking.  Nothing goes up in a striaght line but bear in mind that both UK and US data earlier didn't indicate inflation anytime soon.

Dollar sell off a bit overdone but the good news is Gold still above 920...Heavy profit takiing across the board for the recent high flying copper stocks.. profit taking for Gold stocks as well but the volume is not as heavy.  My little ARZ finally move....togather with my HMD...not a bad day.


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