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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

Post by Drainmancomethon Aug 20, 2009 7:05pm
263 Views
Post# 16236100

AHA!

AHA!This is where you guys have been hanging out!  Sounds like some familiar names are having a bit of a rough go of it!

The sad part is oil should be in pretty much as rough shape as NG. Ya Ya I know the market for NG is completely different - self contained in NA. Or is it??

Oil is presently manipulated to the upside - irrationally high. It drives the economy or is run over it  much like NG. If Mr T.Boone Pickens has his way NG will replace oil as the fuel  of choice to move us and our stuff around. WHere will the oil and NG demand be then? 


(I might even jump in HNU soon it is starting to look irresistible).

Isn't it kind of funny that I am getting hit by shorting oil at the same time you guys are getting hit betting long on NG???

Just my 2 cents... go back to your commiserating!

Drainman

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