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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

Comment by kerbaciouson Apr 25, 2011 6:53pm
284 Views
Post# 18485406

RE: Consolidation/split

RE: Consolidation/splitNot yet..HZD needs to dip into the 2 buck or so range..They just did a consolidation and split a month ago I think.....

Horizons BetaPro COMEX Silver Bear Plus 1:4 rollback

2011-03-14 17:52 ET - Rollback
Shares issued 1,912,500
HZD Close 2011-03-11 C$ 1.92

Horizons BetaPro COMEX Silver Bear Plus ETF has rolled back 1:4, and will begin trading on a consolidated basis at the open on Wednesday, March 16, 2011, according to the Toronto Stock Exchange. The ETF announced the rollback in a March 3, 2011, news release.

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