Overview
Description
The BetaPro Gold Bullion 2x Daily Bull ETF is a specialized exchange-traded fund designed to provide investors with a leveraged exposure to the daily performance of gold bullion. Specifically, the fund aims to deliver double the daily return of gold price movements, making it an attractive option for those seeking vibrant participation in the gold market's fluctuations. This ETF operates by utilizing financial instruments and derivatives to amplify gold's performance, catering primarily to sophisticated investors who are comfortable with elevated risk levels due to the fund's leveraged nature. It's an essential tool for tactical traders and professional portfolio managers looking to capitalize on short-term gold price trends, while also acting as a hedging instrument against inflation or currency fluctuations in the broader financial market.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Canada
MIC code
NEOE