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BetaPro Canadian Gold Miners 2x Daily Bull ETF T.HGU

Alternate Symbol(s):  HZNSF

HGU seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the daily performance of the Solactive Canadian Gold Miners Index. If HGU is successful in meeting its investment objective, its net asset value should gain approximately twice as much on a given day, on a percentage basis, as the Solactive Canadian Gold Miners Index when this Underlying Index rises on that given day. Conversely, HGUs net asset value should lose approximately twice as much on a given day, on a percentage basis, as the Solactive Canadian Gold Miners Index when this Underlying Index declines on that given day. In order to achieve this objective, the total underlying notional value of these instruments and/or securities will typically not exceed two times the total assets of the ETF. As such, HGU employs leverage.


TSX:HGU - Post by User

Comment by stockguy0on Feb 21, 2013 7:59pm
131 Views
Post# 21026022

RE: MAJOR TOP IN STOCKS & MAJOR BOTTOM IN GOLD

RE: MAJOR TOP IN STOCKS & MAJOR BOTTOM IN GOLD

I read that too.   I have started to get back into HGU.   $5.30 

I will buy much more if we hit 1530$ gold... although i dont think we will, the market has its ways....

SG

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