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 mvgfwdon Sep 07, 2017 11:45am

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Post# 26666611

RE:RE:Price lag due to correct?

Hello TG. Thanks for taking the time to respond to my post. I agree and understand that HGU does hold large cap miners. Perhaps I misspoke in my original post and should have said that I see a strong correlation between the price of gold and the share price of large cap miners. If my assessment of this correlation turns out to be accurate, then the stock price of the large cap miners definitely have room to run which would in turn spur the unit price of HGU. My thought is that a catalyst, whether it would be economical or geopolitical based, would initiate this potential 'run' upwards. Here's to your health and profit! GLTA

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