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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

Comment by Umpatanon Feb 25, 2013 11:47pm
145 Views
Post# 21041315

RE: RE: Silver Technicals

RE: RE: Silver Technicals

Yes, but now I feel that silver has bottomed out.  Silver is holding strongly above 28.95 right now as support and as long as this support is not broken we should be rocketting higher.

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