Investment Objective:
The HBP Gold Bull + ETF 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 Global Gold Index.
If the HBP Gold Bull + ETF is successful in meeting its investment objective, its net asset value should gain approximately twice as much, on a percentage basis, as the S&P/TSX Global Gold Index when the index rises on a given day. Conversely, the HBP Gold Bull + ETF should lose approximately twice as much, on a percentage basis, as the S&P/TSX Global Gold Index when the index declines on a given day.