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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.
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TSX:HGD - Post by User
BetaPro Canadian Gold Miners -2x Daily Bear ETF
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sawa2
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Comment by
sawa2
on Mar 24, 2010 8:07pm
400 Views
Post# 16921084
RE: RE: Well...I am all out of HGD
RE: RE: Well...I am all out of HGD
We will see HGU bounce back tomorrow and Friday, but the trend for Gold is down for the next two months.
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