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BetaPro Silver 2x Daily Bull ETF T.HZU

Alternate Symbol(s):  HZMXF

HZU seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times 200 Percentage the daily performance of the Solactive Silver Front Month MD Rolling Futures Index ER the Underlying Index, Bloomberg ticker SOLCSIER. HZU is denominated in Canadian dollars. Any US dollar gains or losses as a result of the ETFs investment will be hedged back to the Canadian dollar to the best of its ability. The Fund If HZU is successful in meeting its investment objective, its net asset value should gain approximately two times as much on a given day, on a percentage basis, as its Underlying Index rises on that given day. Conversely, HZUs net asset value should lose approximately two times as much on a given day, on a percentage basis, as its Underlying Index declines on that given day.


TSX:HZU - Post by User

Comment by stockcharmeron Nov 10, 2010 5:45pm
571 Views
Post# 17689211

RE: RE: RE: Reverse Split News

RE: RE: RE: Reverse Split NewsGood day  Jeemu,

great job on the buy.  the 3 for 1 split was done for Monday.  the shares that you have should show up on your brokerage account on Thursday.  this is not set in stone they usually say within 10 business days.  you don't have a loss.  I would wait til the shares in your account get sorted out.  If for your own sakes, you want to figure out how much money you made just take todays price times by three and compare it to the 35.75 you bought in at......   that is your profits.  19.81 x 3 = 59.43  -  35.75 =      23.68 minnus commissions per share. KAAAA  CHING my friend.
Regards,
SC
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