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

BetaPro Silver 2x Daily Bull ETF

Bullboard Posts

Comment by Barolo12on Oct 14, 2011 10:02am

96 Views

Post# 19148834

RE: Re:RE: 'U or 'D ?

My theory is that traders will close out their positions before the weekend, so if Silver is green for most of the day I think that it will dip sometime today as traders take profits before the weekend. Picked up my U at 6.02, so the question is whether I picked it up low enough to see a profit today. Right now it looks iffy.

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