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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 ghost11on Aug 21, 2009 8:55am
193 Views
Post# 16237135

RE: RE: the easy road to wealth

RE: RE: the easy road to wealthThanks Dave, on hindsight Imay have made a mistake as a daily trader or could have bought cheaper if I knew it all. Wel now I have a large position down about 80 cents and since I can hold for a while I will just do that meanwhile making the loss on NOT, PMT.UN and HOU, not good to lose but happens. Appreciate yr concern. Now for N.Gas the injection this week was 52 , that is below forecasts. 30% decline in production and many drills idling, it may still go down carried by momentum and bad sentiments but I see a turn around soon regardless of coming low season for gas. That is how stocks market and commodities work, when every body saying out it is time to move in. I hate to sell and next day NG adds 50 cents. I know the odds are stacked against such now but who knows, many don't make money at this gas price and with reduced power costs demand may escalate mainly from gas powered electric generation
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