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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 beaver911on Jun 17, 2014 1:19pm
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Post# 22667364

3500tcf target?

3500tcf target?As you ca read from this news release, ll tts needed is an average injection of only 87bcf untl Oct 30th. And there has been injections into Nov.

There are currently 21 more weeks in the injection season, which traditionally occurs April 1 through October 31, although, in many years, injections continue into November. EIA forecasts that the end-of-October working natural gas inventory level will be 3,424 Bcf, which, as of June 6, would require an average injection of 87 Bcf per week through the end of October.

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