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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 mikerosoft666on Oct 15, 2008 9:29am
224 Views
Post# 15526301

Specboy... Late Oct.

Specboy... Late Oct.
What will override here ?   Cold winter setting in and demand ?  In other words "time is up" for gas to reach sub-$6 and demand starts to kick in and drive price a little higher ?   Or will gas go to sub-$6 first  (in your opinion) regardless of temperature and consumption rate ?

I would have thought that supply / demand would override in the fundamentals game.  I've also heard that analysts expect that gas should be higher right now but is trading down on the economy  (sympathy) ...  but then they keep using the reason that gas was just up over $13 recently...  like I can hardly believe the market has gone this low... LOL

curious what you are thinking...
Bullboard Posts