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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 dooklaron Apr 18, 2024 3:53pm
49 Views
Post# 35996674

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.natural gas futures settle higher after a storage report showing a slight reduction last week in the inventory surplus, while colder near-term weather trends are likely to lift demand for the coming week. The EIA reported a 50 Bcf build in underground gas storage for last week--roughly in line with the 45 Bcf build estimated in a Wall Street Journal survey--which lowered the storage surplus above the five-year average to 622 Bcf from 633 Bcf the previous week. Natural gas for May delivery settles up 2.6% at $1.757/mmBtu.
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