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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 25, 2010 11:47pm
551 Views
Post# 17295860

RE: RE: RE: RE: HNG and general economy

RE: RE: RE: RE: HNG and general economySG, I think I will play it pretty tight. If I were to go long on a bank I would cover with a cheap put. If I went short on anything I think I would have a cheap call as insurance. The DOW will tell us the direction in the overall market and it is a way out of sink with the Nikkei at the moment. It looks like they are still selling into strength but oil is holding up very well so still have an open mind as to any turn around. NG and Uranium just may be the signal of any long term turn around if they should get some legs under them. Both are in the dog house and have been for some time. But I really don't think we can go wrong by buying oil stocks or pm's on weakness and watch a trend break for taking profit down the road. In general I expect these swings back and forth for some time to come. Presently I have a mixed bag. Short BNS, long YRI, TNX, PDL and AEM(as of last week), and have both HNU and HND for weekly trading. CCO may be ripe for a (short) short play. So that is about it for me.
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