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

BetaPro Canadian Gold Miners -2x Daily Bear ETF

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Comment by asdfbcon Nov 30, 2009 6:17pm

227 Views

Post# 16537818

RE: RE: RE: I bought HGD,HFD,and HND last week ...

bubble or not, liquidity of monies out there, speculative market.....call it what we may, its all semantics. I'm with you, by the time the retail investors are out there noticing these moves, it's usuallly the end, because these retail investors are buying it from who...........from the Goldman Sachs and the JP Morgans......

u'r right....it's never ends nicely in this sort of markets...........

they have ridden it up........and now they are going to ride it down.........

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