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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 Jan 12, 2011 11:31am
218 Views
Post# 17959681

POLL-US natgas stocks seen down 142 bcf

POLL-US natgas stocks seen down 142 bcfPOLL-US natgas stocks seen down 142 bcf in wkly EIAs
4 minutes ago by Thomson Reuters

NEW YORK, Jan 12 (Reuters) - U.S. natural gas storage levels are expected to fall by about 142 billion cubic feet on average when weekly data from the U.S. Energy Information is released early Thursday.

In the weekly Reuters survey of 24 industry traders and analysts, withdrawal estimates for the week ended Jan. 7 ranged from 115 bcf to 158 bcf.

Storage fell an adjusted 250 bcf for the same week last year, while the five-year average decline for that week is about 108 bcf.

The median draw in the survey was 143 bcf.

The EIA storage report will be issued Thursday at about 10:30 a.m. EST
UB

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