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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

Comment by sawa2on Nov 26, 2009 12:30am
351 Views
Post# 16525268

RE: Any one notice......

RE: Any one notice......Have the gut to buy HGD and not HGU at this price. This noise reminds me when oil was around 140 and every one was predicting it will go to 200. Anything you can think of is priced on Gold now. The upside is 5 to 10 percent but the down side is enormous. Start to accumulate HGD and you will be rewarded.
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