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

Post by halfcentmanon Jul 23, 2009 6:46pm

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Post# 16161839

Too Hot to Touch!

Made good coin on both the U and the D over the past three weeks. Last week, IMO, the inventory numbers were negative and gas was up. Today inventory figures were neutral to positive for a higher gas price and look what happened. Something tells me, at this point in time, natgas prices have nothing to do with supply and demand but rather, a breakfast conversations at some restaurant in Manhattan.

For what it's worth I think today was a head fake. Gonna stay in cash till I can figure it out. Wonder if anyone is hiring waiters in Manhattan. Could make me make sense of all this.

halfcent

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