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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 Jun 25, 2009 3:13pm
302 Views
Post# 16098807

RE: RE: I see it as very bullish news - LIVENLEARN

RE: RE: I see it as very bullish news - LIVENLEARN"I agree.  My only question or concern is with hnu between now andtomorrow when the current July spot price ends. With todays inv. #'shave they priced the new spot price already to be $3.96 (where Augustis currently), meaning no change with hnu OR will the new spot pricenaturally come down close to the current spot (July) toabout $3.80...if so that's around a 8% decrease for hnu.  I will waitfor tomorrow to see."

LNL...   so what do you think about tomorrow based on how gas closes in say the last 30 minutes or so... if it SPIKES UP  or   SPIKES DOWN.  Any kind of indicator ?  I realize none of us has a crystal ball but I like hearing opinions of those that follow this commodity...  Kerb... is always interesting and I put a lot of credibility into what he says even when it disagrees with the talking heads. 

Are you sitting it out right now based on risk ?  I only have a little in the game myself.  Liking HND for tomorrow but trying to play the swings like Kerbie is ...
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