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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 ub40ehon Dec 15, 2010 11:48am
364 Views
Post# 17850192

POLL-US natgas stocks seen down 163

POLL-US natgas stocks seen down 1633 minutes ago by Thomson Reuters

* Withdrawal estimates ranged from 141 bcf to 192 bcf

* Median draw in the Reuters poll was also 163 bcf (Adds weather data, background, table)

NEW YORK, Dec 15 (Reuters) - U.S. natural gas storage levels on average are expected to fall by 163 billion cubic feet when U.S. Energy Information Administration data are released early Thursday, as colder weather last week forced utilities to rely more heavily on storage to meet demand.

In the weekly Reuters survey of 26 industry traders and analysts, withdrawal estimates for the week ended Dec. 10 ranged from 141 to 192 bcf.

Storage fell an adjusted 186 bcf for the same week last year. The five-year average decline for that week is 153 bcf.

The median draw in the survey was also 163 bcf.
UB

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