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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 captatedon Sep 11, 2009 10:38am
344 Views
Post# 16297015

Heavy volume and not moving significantly

Heavy volume and not moving significantlyhigher......Sure hate to be holding this on the way back down. I'm thinking we might just be looking at some new shorts taking a position. Shorts in HNU will always make money if they can hold on i.e., don't get margin called, thru the upswings. I'm just in it for the upswing.

Paffin, I'm not sure I follow why HH would be better indicator for HND than HNU. But maybe it's because you are interested in the trend? I'm just trying to be tactical and trade hnu/hnd when they seem to have gone too far one way or another.
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