Key stats
About BETAPRO CDN GLD MIN2X DLY BR ETF NE ETF SHS NEW MAY 2020(POST REV SPLIT)
Expense ratio
2.22%
Home page
Inception date
Jun 25, 2007
ISIN
CA08661P3051
The fund seeks investment results that correspond to 2x inverse of the daily performance of its underlying index, which is designed to measure the performance of Canadian companies active in the gold mining industry and are classified as producers of gold and gold-related products. The fund is market-cap-weighted, with individual constituents capped at 25% of the index weight. As a levered fund, it is not a buy-and-hold investment and should not be expected to provide index leverage returns greater than a one-day period.
Classification
What's in the fund
Exposure type
Cash
Miscellaneous
Bonds, Cash & Other100.00%
Cash87.56%
Miscellaneous12.44%
Gold miners - short-term top in?$HGD 2X Bear Gold Miners
This puppy looks poised for a short-term move up to the $3.90/4 area, conveniently after $GOLD hitting a new high early 2020 after the 2019 Christmas Rally.
The chart has simple support/resistance lines drawn (green/red) as well as open gaps (pink) that need to get fille
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