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lrp42

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lrp42

Re: ls7550 post# 30855

Wednesday, 10/07/2009 7:30:14 AM

Wednesday, October 07, 2009 7:30:14 AM

Post# of 47140
Hi Clive,

In your post you made a remark that you do not believe 3X funds pays dividends. Just checked at Yahoo on one of the 3X long large-cap fund...BGU. Yahoo shows it has paid quarterly dividends this past year.

$0.066 a share on 17-Dec-08

$0.083 a share on 24-Mar-09

$0.112 a share on 23-Jun-09

$0.115 a share on 22-Sep-09

Yahoo shows a start date of 5-Nov-08 for this ETF. It would appear that a commitment has been made to pay quarterly dividends.

Also checked the 3X long small-cap fund...TNA. It too has paid quarterly dividends since being introduced on 19-Nov-08.

Best regards,

Ray
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