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

Bullboard Posts

Comment by rojo1on Nov 07, 2010 10:06pm

361 Views

Post# 17671517

RE: RE: RE: RE: Rain, Wintry Mess, Gusty Winds Tak

Hey Kerb

A big number to be sure....but last year was also a "never before seen number" which blew away the previous never before seen number of 3540 (2007) by 297bcf in contrast using 3900 as a possible target we are only going to go ahead by 60ish bcf or so. In contrast to last year not so much. Incidentally with all of the uncertainty last year of even having the capacity to store all the gas we were still trading between 4.15 and 5.31 in the 9 weeks leading up to the week of the first draw down. IMO games are being played here by the big guys and NG below $4.00 specially at this time of year is unsustainable. I guess it all depends on your perspective. GLTA

Rojo

Bullboard Posts

Level up your trading with BMO InvestorLine’s enhanced features