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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 Sep 15, 2010 9:28am
273 Views
Post# 17449943

It's official for a couple weeks anyway

It's official for a couple weeks anywayThe switch is in place. The HND 9.00  and the HNU 4.00 babies will begin to switch places as NG moves into the cheap 4.00 area and moves into the 4.60-4.80 area. Then we will have a real rally if 5.00/5.20/5.50 can break, leaving Jun and July highs in the dust and possibility giving Jan 2010 high a test. There will be lot's of action as there was last Sept/Oct. Last year the HND topped at 13.75 in Sept and ran all the way back to 4.54 Oct 8. Don't get too cocky though, the traders can switch these around pretty quick but they know 4.00 NG is cheap compared to other sources of energy. 
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