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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

BetaPro Natural Gas Leveraged Daily Bull ETF
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Post by Loopaeon Oct 28, 2009 3:51pm
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Post# 16432410

HNU = HALF BULL Gas ETF

HNU = HALF BULL Gas ETF

Remember Nat Gas....was at $2.50 (low) and today trading at$5.10 that 100% gain the price of the commodity.

 

HNU is a DOUBLE bull etf....so should have climbed 200%right?? maybe at least 100% ???.....Wrong!

 

With all that rebalancing that goes on guest what.

 

HNU low (after 5/1 rollback) was $8.15 (low) and now ittrades at $12.50

so up only 53%

vs.

100% in nat gas experienced

vs

expected 200%etf.

To even get 53% gain you would have had to be one lucky bugger with timing on this sucker and would have had to pick the bottom.

 

SO.....The HNU is really a HALF BULL.....! up 53% compared to the commodity being up 100%...

 

It’s only ever worth day trading or swing trading!

Anything longer than that....and you are trading up hill. I know this has been said by many on here but I think it doesn't hurt to say it again.

Good luck to those that continue to think otherwise....the odds are stacked against you..

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