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BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s):  HNUZF

HNUs investment objective, is to seek daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times 200 Percentage the daily performance of the Horizons Natural Gas Rolling Futures Index the Underlying Index, Bloomberg ticker CMDYNGER. HNU is denominated in Canadian dollars. Any US dollar gains or losses as a result of HNUs investment are hedged back to the Canadian dollar to the best of its ability. The Fund To be successful in meeting its investment objective during the period, HNUs net asset value should have gained up to two times as much on a given day, on a percentage basis, as its Underlying Index rose on that given day. Conversely, HNUs net asset value should have lost up to two times as much on a given day, on a percentage basis, as its Underlying Index declined on that given day.


TSX:HNU - Post by User

Post by bull_runzon Apr 09, 2024 3:32pm
53 Views
Post# 35979736

NG Futures

NG Futures

US natural gas futures rose more than 2% to $1.9/MMBtu, reaching a one-month high due to increased flows to the Freeport LNG export facility in Texas and a decrease in production. Flows to Freeport were set to climb to 1.3 bcfd on Tuesday, up from 0.9 bcfd the day before. Freeport indicated that Trains 1 and 2 will stay offline until May for maintenance, while Train 3 was operational. Conversely, flows to Venture Global LNG's Calcasieu Pass dropped to 0.9 bcfd from 1.4 bcfd. Gas output has also dipped to 99.2 bcfd in April from 100.8 bcfd in March, attributed to pipeline maintenance and reduced drilling post price declines. Looking ahead, weather forecasts show above-average temperatures through April 24.

 

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