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MegaShort (-3X) Canadian Gold Miners Daily Leveraged Alternative ETF
CGMD (MegaShort (-3X) Canadian Gold Miners Daily Leveraged Alternative ETF) is an active Precious Metals ETF by MegaShort. With a 1.55% MER, it provides diversified exposure.
CGMD is actively managed by MegaShort's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 1.55% MER reflects the costs of a more specialized management approach. It does not pay a significant distribution — returns are reinvested for capital growth.
It can be held in a TFSA, RRSP, or non-registered account depending on your investment strategy.