Posted on 14/07/07
Bear's best friend: An ETF to profit from bad times
The rising star among Canadian exchange-traded funds is an unusual animal - it allows investors to profit handsomely from a bear market for stocks.The Horizons BetaPro S&P/TSX 60 Bear Plus ETF was introduced Jan. 9 and has already become the second most heavily traded of the 47 or so ETFs listed on the Toronto Stock Exchange. After more than four years of strong market returns, it's clear that many investors are worried about a serious pullback.
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