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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 Jul 24, 2010 7:01am
320 Views
Post# 17294073

HNG and general economy

HNG and general economyI really believe that the general economy needs to get legs under it before NG or anything else does much. Inflation is down in the 1% level, DOW is struggling to hold here as it prepares for a 10500 top before falling back to 9300 area, Europe is trying to put on a good front but still in trouble, etc. Up moves are still shorting moves until we get some sort of bottom side movement where lows stop getting lower. Made a few dollars on the HNU moves but feel save holding a few HND. Actually, getting out of one on a small move and into the other is not a bad idea. Won't get rich overnight but can easily clear a couple grand a week Expect Mon/Tues to bring HNU back toward the 6.25.
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