I noticed a new ticker for UGLD as UGLDF. It appears to do exactly what UGLD used to do. Does anyone know if it can be trusted to trade as 3x leveraged gold like UGLD was?
We will publish the 2x leveraged US Market strategy which uses UGL before end of this month. Due to the ability to switch between US indexes, this strategy has a higher Sharpe than the old 3x leveraged strategy.