BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF
Overview
HEU 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 Capped Energy Index (the Underlying Index, Bloomberg ticker: TTENAR). If HEU 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 Capped Energy Index when this Underlying Index rises on that given day. Conversely, HEUs net asset value should lose approximately twice as much on a given day, on a percentage basis, as the S&P/TSX Capped Energy Index when this Underlying Index declines on that given day. HEU invests in financial instruments that have similar daily return characteristics as two times (200%) the S&P/TSX Capped Energy Index.