Key stats
About BETAPRO GOLD BLTN 2X DAILY BULL ETF SHS
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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 offers bullish bets on the price of gold. Its leveraged 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
Miscellaneous
Bonds, Cash & Other100.00%
Cash70.41%
Miscellaneous29.59%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GLDU assets under management is 26.74 M CAD. It's fallen 13.24% over the last month.
GLDU fund flows account for −378.21 K 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, GLDU doesn't pay dividends to its holders.
GLDU 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.
GLDU expense ratio is 2.55% meaning you'd have to pay 2.55% of your investment to help manage the fund.
GLDU 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.
GLDU invests in cash.
GLDU price has fallen by −10.21% over the last month, and its yearly performance shows a 60.50% increase. See more dynamics on GLDU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −3.77% over the last month, have fallen by −3.77% over the last month, showed a 20.22% increase in three-month performance and has increased by 58.51% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −3.77% over the last month, have fallen by −3.77% over the last month, showed a 20.22% increase in three-month performance and has increased by 58.51% in a year.
GLDU trades at a premium (0.77%) meaning the ETF is trading at a higher price than the calculated NAV.