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 captatedon Nov 19, 2009 2:59pm

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Post# 16504717

I'm tempted to call this progress

But I know from past painful experiences that any ground to be made up is a lot of ground to cover. Worst case scenario for me would be if we just churned between 9-10. I could neither sell nor average down! But what are the chances of that happening? Not like I bought HOU or anything...BTW, if we refrain from using the terms, Bull/Bear, we'd all of us appear to be smarter than the average one. OK?

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