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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
Bullboard Posts
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Comment by asdfbcon Dec 13, 2009 6:43pm
562 Views
Post# 16582787

RE: RE: Back ground noise says....

RE: RE: Back ground noise says....Actually ....that is the biggest fallacy .........the fact that gold has no inflation inherent to it, or that it has no debt.  It's all relative........the fact that it has intrinsic value based on fiat currency inherently makes it vulnerable to both strength and weaknesses of fiat currency.......

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