BetaPro S&P/TSX 60 2x Daily Bull ETF

HXU 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 S&P/TSX 60 Index (the Underlying Index, Bloomberg ticker:TX60AR). If HXU 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 S&P/TSX 60 Index when this Underlying Index rises on that given day. Conversely, HXUs net asset value should lose approximately twice as much on a given day, on a percentage basis, as the S&P/TSX 60 Index when this Underlying Index declines on that given day. HXU takes positions in financial instruments that, in combination, should have similar daily return characteristics as two times (200%) the S&P/TSX 60 Index.