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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 jogajogaon Jan 31, 2010 2:47pm
362 Views
Post# 16737400

RE: Oversold !!!!!!

RE: Oversold !!!!!!This week would be Nasty for Gold stock shorts it will bounce back strongly from here Hgu could go up 20-30 % in one day with some gold upwards Movement and short covering i have seen it so many times.Hgu is very oversold.
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Dealroom for high-potential pre-IPO opportunities