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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Comment by greenpastureon Mar 08, 2010 10:55am

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Post# 16855463

RE: RE: Still think we are repeating Aug / Sept

Probably right on the 4.20 for a bounce up. They will shut the taps off to keep it up above 4.00 probably. We could easily see a HNU and HND matching up tomorrow in the low 7.00 area. I am covered now either way. Running twice the shares on the hnd as the hnu. Just bought the HNU on the gap down this morning and got lot's or room to move on the HND's with the stop in. Gapping at the top or bottom after several days move could be the change direction move so aware of that little trick. So far not holding the gap so showing a little weakness on the hnd after this 50% upleg move. I want to see 10 million plus vol on the HNU to prove the bottom is near. So far not seeing that.

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