BetaPro Natural Gas Inverse Lever Daily Bear ETF T.HND

Alternate Symbol(s): HBNNF

HND's investment objective was changed after gaining approval at a meeting of shareholders on August 20, 2020 and the name of the ETF was changed to the BetaPro Natural Gas Inverse Leveraged Daily Bear ETF. HNDs new investment objective, which became effective at the close of business on August 27, 2020, 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%) the inverse (opposite) of the daily performance of the Horizons Natural Gas Rolling Futures Index (the Underlying Index, Bloomberg ticker: CMDYNGER). HND is denominated in Canadian dollars. Any U.S. dollar gains or losses as a result of the ETFs investment are hedged back to the Canadian dollar to the best of its ability.

TSX:HND - Post by User

BetaPro Natural Gas Inverse Lever Daily Bear ETF

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Post by AngryBobon Sep 17, 2009 11:51am

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Post# 16314768

Now that the dust has settled

Based on the (more or less) sideways reaction of the market to the EIA report it would appear the market is somewhat perplexed by the news. I don't think many people saw that one coming.

I think the price of NG has had a good run overall this week. Some folks might want to lock in their profits for the weekend. If I see signs of selling off tomorrow I may jump in again.

For now I plan on sitting on the sidelines quite contently to watch and be out of the action.

GLTA

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This junior mining stock offers billions in market exposure