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

BetaPro Canadian Gold Miners 2x Daily Bull ETF

Bullboard Posts

Comment by Inv3storon May 21, 2015 7:53pm

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Post# 23752195

RE:National Bank bid

I wonder Tad
Was that bid taken out ? did they withdraw it and maybe move it lower ?
GLD looked pretty vulnerable, the news of last week should have pushed it much higher but it was not able to 'convincingly' close above 1222 level.. very hesitant.
I think the bears still have the upper hand, the Sep. rate hike is no 'close enough' to look assured, I expect a summer of grief.

Glad you told me about HGD, that was a winner and I really was lucky to get filled low and it only scared me for half a day :)

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