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 MoneyCristoon May 25, 2016 12:44pm

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Post# 24903350

RE:Are we done

Which etf? That said even grand-pa is talking about buying gold... My perspective; there is still money to be made squeezing gold bugs. Not sure which etf you talk about, but lot of gold cie haven't fully corrected in my opinion, plus cgm6 contract still show intense downward pressure. Might be time for a pause though after 8 or 9 day of selling, but i fear it is not over.

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