BetaPro Canadian Gold Miners -2x Daily Bear ETF T.HGD

Alternate Symbol(s): HZRZF

HGD seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the inverse (opposite) of the daily performance of the Solactive Canadian Gold Miners Index. If HGD 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 any decrease in the Solactive Canadian Gold Miners Index when this Underlying Index declines on that given day. Conversely, HGDs net asset value should lose approximately twice as much on a given day, on a percentage basis, as any increase in the Solactive Canadian Gold Miners Index when this Underlying Index rises 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, HGD employs leverage.

TSX:HGD - Post by User

BetaPro Canadian Gold Miners -2x Daily Bear ETF

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Comment by mvgfwdon Feb 22, 2016 4:01pm

112 Views

Post# 24582956

RE:HGD tracks basket of gold stocks.....

Right you are trader009, so what is the message that can be taken from this? The fact that investors are still moving $$$ into producers even thought the 'pog' is down says that people are nervous and that long term the 'pog' is due to rise. I'm currently positioned in HGD as my thought was that the 'pog' rose too much too fast since Jan 1. Now I'm beginning to believe that HGU may be the next move. ???? What to do????

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