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BetaPro Silver -2x Daily Bear ETF T.HZD

HZD seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times 200 Percentage the inverse opposite of the daily performance of the Solactive Silver Front Month MD Rolling Futures Index ER the Underlying Index, Bloomberg ticker SOLCSIER. HZD 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 HZD 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 declines on that given day. Conversely, HZDs net asset value should lose approximately two times as much on a given day, on a percentage basis, as its Underlying Index rises on that given day.


TSX:HZD - Post by User

Post by Time4TAon Apr 14, 2011 1:02pm
188 Views
Post# 18431661

Silver Supply to Flood Market on Sales

Silver Supply to Flood Market on Saleshttps://www.bloomberg.com/news/2011-04-14/ishares-silver-trust-holdings-decrease-243-metric-tons-table-.html?cmpid=yhoo

iShares Silver Trust Holdings Decrease 243 Metric Tons



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Silver holdings in the iShares Silver Trust (SLV), the biggest exchange-traded fund backed by silver, decreased 242.82 metric tons to 10,969.71 metric tons as of April 13, according to figures on the company’s website.
================================================================================April 13 April 12 April 11 April 8 April 7 April 62011 2011 2011 2011 2011 2011================================================================================Million Ounces 352.684 360.491 361.467 361.467 359.857 358.881Daily change -7,806,880 -975,878 0 1,610,278 975,940 0--------------------------------------------------------------------------------Metric tons 10,969.71 11,212.53 11,242.89 11,242.89 11,192.80 11,162.45Daily change -242.82 -30.36 0.00 50.09 30.35 0.00================================================================================NOTE: Ounces are troy ounces.SOURCE: iShares Silver Trust
To contact the reporter on this story: Terry Barrett in Washington at tbarrett1@bloomberg.net
To contact the editor responsible for this story: Alex Tanzi at atanzi@bloomberg.net

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