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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

BetaPro Natural Gas Leveraged Daily Bull ETF
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Post by schris4on Apr 10, 2009 4:25pm
708 Views
Post# 15910702

Remember?

Remember?BUY LOW AND SELL HIGH ADVICE.

Well?  What are you waiting for.

I recently purchased 17,000 shares of HNU.  My 2nd biguest holding.  Sure, you hear everyone saying it's going lower.  Perfect.

Sure, it's probebly not going to $10 this year.  You never really know though.

But if NG goes to $5.50 this year, with a hot summer, then HNU should go to $2.80-$3 range.
Wow, that's a gamble I'm willing to take right now.

Sure, you may lose 3-5% errosion holding for 3-5 months, but that's okay for a 50%+ return.  I sure don't trust the Financials right now.

Just my take.
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