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 mikerosoft666on Jul 03, 2009 2:47pm

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Post# 16115775

RE: RE: RE: bought more today.

LNL --- or anyone...

We have seen production levels dropping since we hit that record of 123 BCF. yesterday was 70 BCF - I am assuming this is production dropping off at what appears to be about a 10 - 20 BCF / week rate.

Anyone think we could spike up next week ? Or are we going to churn into September...

I realize I am asking the usual "crystal ball" question... but outlook indicators have turned down again and I am expecting the next month or two to start favouring the bear. However, not being an economist or serious trader, I am just listening to others opinions and both sides making pretty arguments.

Just trying to stimulate same discussion here as I believe Nat Gas is going to project itself onto the same outlook - whatever the heck that is.

thoughts ?

Bullboard Posts

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