Direxion Daily Gold Miners Bull (NYSEMKT:NUGT)

CAPS Rating: 1 out of 5

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Player Avatar Marlonito9 (< 20) Submitted: 11/18/2012 8:28:03 PM : Underperform Start Price: $703.70 NUGT Score: +65.70

This ETF is good to invest with since this will provide me dividend warrant, if I'm not wrong in near future. The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the NYSE Arca Gold Miners Index. The fund creates long positions by investing at least 80% of net assets in the equity securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a modified market capitalization weighted index comprised of publicly traded companies that operate globally in both developed and emerging markets, and are involved primarily in the mining for gold and silver. The fund is non-diversified. I believe Direction is a best ETF to invest at.

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