BetaPro Canadian Gold Miners 2x Daily Bull ETF T.HGU

Alternate Symbol(s): HZNSF

Metals & Mining Gold

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

Post by Wisdomwithageon Aug 29, 2019 11:35am

138 Views

Post# 30079368

Just Added 7,200 at 21.04 - 21.06 to my pf

When Au is up and HGU drops a buck you know some shareholders either have month end margin calls or misread the latest NR on the reorganization and panicked.

For all intents and purposes the conversion from a mutual fund trust to a mutual fund corporation is a smart idea. I had to read the NR a couple of times before realizing that nothing of a trading nature would change. GLTA

Cheers,

Brit

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