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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 greenpastureon Nov 18, 2009 1:56pm
316 Views
Post# 16500273

RE: RE: RE: RE: historical low? Not quite yet

RE: RE: RE: RE: historical low? Not quite yetI agree it is hard to take for those trying to find a bottom. At the moment we are down 47.76% in 20 trading days on HNU. Big loss. However HNU was down 70.58% in 42 trading days Aug 6-Sept 3 to that 1.63 and then they do the old 5 old for 1 new. Will NG price go back there? Doubt it but always have a plan if it does. I expect they will shut off the tap, say inventories are getting low, and run her up again. They do what they do to make $$$ and if we can get a piece of it, count yourself lucky. No honor among thieves..and many thieves on wall and bay street. <gg> 
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