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

Bullboard Posts

Comment by sawa2on Apr 08, 2010 12:42am

316 Views

Post# 16968386

RE: RE: RE: Sawa2

I play both HGU and HGD and so far I am doing ok. I hope you are making money too. I was able to buy HGD today and I am hoping to add more if the speculation continues. The oil will kill Gold in the short term or medium term where Gold will go down I agree with Mahendra on that one. In the long term 3 to 4 yrs down the road Gold will do good.

Bullboard Posts

REITS over single property investments