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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

Comment by mikerosoft666on Jan 12, 2009 3:10am
249 Views
Post# 15698084

RE: WOW shocking

RE: WOW shocking
I think we are missing an important side to Natural Gas demand in balance to the existing over-supply and new reserves that were registered this year.  Industrial demand for Nat Gas is WAY OFF the norm due to industrial slow downs and out right shutdowns.  Oil Sands will be slowing or shutting down soon as well and they consume a huge amount of Nat Gas.  Even fertilizer is slowing production and that accounts for very large numbers.

I don't think the cold weather ( which seems to passing now ) can carry the ball in any significant way.

I'm voting HND as well...  on the next Nat Gas spike up.


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