BetaPro Silver 2x Daily Bull ETF T.HZU

Alternate Symbol(s): HZMXF

Metals & Mining Silver

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

BetaPro Silver 2x Daily Bull ETF

Bullboard Posts

Post by ETFguyon May 11, 2011 6:33pm

352 Views

Post# 18562573

Wild ride!

This is becoming wild ride, probably one more bounce, smaller than last one, $37.50 area, than who knows how far it goes down.
Chart doesn't look promising.
Switched from 'U this a.m. to 'D, unloaded all before closing, no position at the present time, was good day.
Wouldn't touch 'U at present time unless trend change.
Just another opinion, DYODD.
Good luck guys and happy trading!

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