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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 oppy69on Sep 25, 2013 12:41pm
163 Views
Post# 21766589

RE:RE:RE:Sheep Getting Slaughtered Tomorrow Morning ...

RE:RE:RE:Sheep Getting Slaughtered Tomorrow Morning ...
With UDI dropping towards 80, I think we could see a lot more upside for G&S into the weekend.  Timing cannot be emphasized enough when buying this ETF, if I would have gone heavy on Monday, instead of Thursday of last week, I'd be up a few G's instead of just treading water now.
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