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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: axial who wrote (117829)2/16/2009 7:02:43 PM
From: Cogito Ergo Sum  Read Replies (2) | Respond to of 206131
 
jim,

HGU isn't really a futures play..

PRINCIPAL INVESTMENT STRATEGY

The HBP Gold Bull+ ETF and the HBP Gold Bear+ ETF take positions in financial instruments and/or equity securities to seek daily investment results, before fees and expenses that correspond to twice the daily performance or inverse daily performance of the S&P/TSX Global Gold Index®. HBP ETFs are rebalanced daily, so risk is limited to the initial invested capital. As a result, 200%/-200% benchmark tracking over a longer period is dependent upon the extent of compounding and the underlying benchmark volatility. To minimize these effects, longer term investors should rebalance their HBP ETF holdings periodically.
TOP TEN INDEX HOLDINGS (DECEMBER 31, 2008)
1. Barrick Gold Corp. 24.30% 6. Agnico-Eagle Mines 6.08%
2. Goldcorp Inc. 15.98% 7. Gold Fields 5.14%
3. Newmont Mining 13.53% 8. Yamana Gold Inc. 4.20%
4. Kinross Gold 8.65% 9. Lihir Gold Ltd 3.30%
5. Anglogold Ashanti Ltd. 6.18% 10. Harmony Gold Mining Co Ltd 3.00%

TBS