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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 thebanker32on Aug 12, 2009 1:42pm
302 Views
Post# 16212696

RE: RE: Need advice asap!!

RE: RE: Need advice asap!!it's depends tomorrow at 10:30, the EAI NATURAL GAS report will go out.

take the example for oil, today  inventories report went out and actual are more than prior, it's not a good sign for price increase, ('it's good for consumers)



EIA Petroleum Status Report
Released on 8/12/2009 10:30:00 AM For wk8/7, 2009
Prior Actual
Crude oil inventories (weekly change) 1.7 M barrels 2.5 M barrels
If Actual natural gas inventories  (after the report out) is lower than prior, will influence positive on price, and HNU will increase.

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