Key stats
About BETAPRO GOLD BULN 2X DAILY BEAR ETF SHS NEW (POST REV SPLIT)
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Inception date
Jan 22, 2008
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
The fund makes bearish bets on the price of gold. Its inverse exposure is benchmarked to the price performance of the Solactive Gold Front Month MD Rolling Futures Indexan index tracking a rolling futures position on gold. The fund is designed for tactical use as opposed to long-term investment, therefore, compounding can cause the fund's return to vary significantly from the headline -2x exposure if held for longer than one day. To obtain exposure over longer periods, investors must monitor and rebalance their position. Investors should also note that holding costs are less important, considering the fund is designed to be held for short periods of time.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash95.54%
Miscellaneous4.46%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GLDD assets under management is 4.54 M CAD. It's fallen 10.13% over the last month.
GLDD fund flows account for 3.90 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, GLDD doesn't pay dividends to its holders.
GLDD shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand BetaPro. The ETF was launched on Jan 22, 2008, and its management style is Passive.
GLDD expense ratio is 2.91% meaning you'd have to pay 2.91% of your investment to help manage the fund.
GLDD follows the Solactive Gold Front Month MD Rolling Futures Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GLDD invests in cash.
GLDD price has risen by 7.64% over the last month, and its yearly performance shows a −46.11% decrease. See more dynamics on GLDD price chart.
NAV returns, another gauge of an ETF dynamics, showed a −22.29% decrease in three-month performance and has decreased by −44.73% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −22.29% decrease in three-month performance and has decreased by −44.73% in a year.
GLDD trades at a premium (0.77%) meaning the ETF is trading at a higher price than the calculated NAV.