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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

Post by greenpastureon Aug 30, 2010 7:32am
582 Views
Post# 17394895

Don't count on an exact repeat

Don't count on an exact repeatMany times they do this in the ballpark but more often some jump in ahead of the herd and one loses the bottom hugh run.  If you had held HNU from this time last year before the 5 for 1, those shares are worth .77 cents on Fri close. If you had held HND from before the 1 for 2 split, those would be 18.30. Let's see, what should I hold? HND will be worth a real value of 40.00 this time next year if we keep going like this.
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