BetaPro Silver -2x Daily Bear ETF T.HZD

Metals & Mining Silver

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

BetaPro Silver -2x Daily Bear ETF

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Post by ETFguyon Apr 27, 2011 6:47pm

205 Views

Post# 18497348

Interesting link!

This article seem to be right on the money:
https://etfdailynews.com/blog/2011/04/26/silver-etf-of-silver-princes-and-volume-nyseslv/
Silver is moving like a train, will attract a lot's of people, right now seem to me that it's better to stay on the train than in front.
This time it will blow through $50 level with vengeance, when enough people step on the train, pullback will be brutal.
Good luck guys!
DYOD

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