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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 rojo1on Nov 10, 2010 10:45am
198 Views
Post# 17686292

RE: RE: RE: RE: Be Careful

RE: RE: RE: RE: Be CarefulHey Tony

I too believe there is some sort of fix in the EIA number, but this works both ways as it has to balance over time so if the builds have been inflated at all in past weeks it has to be accounted for in subsequent weeks.

This will go where the big boys want it to, I believe up in the coming weeks (hopefully today). IMHO of course

GLTA
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