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

BetaPro Natural Gas Leveraged Daily Bull ETF

Bullboard Posts

Comment by swmooreon Aug 18, 2008 11:33am

375 Views

Post# 15391491

RE: NG (No good?)

Regardless what the potential downside on this is now, it pales in comparison to the potential upside long term. If NG declines to $5.50 the share price will probably drift to $10.00, 30% loss, the potential upside is 300% to the high last month. Probably best to bottom fish this one, but I can't see how you can go wrong here, other than perhaps tying up the funds for an extended period of time. 300% gain isn't bad over the course of a year or two.

Any opinions on what might be the low for this ETF over the next couple of weeks?

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