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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 May 31, 2011 5:42am
314 Views
Post# 18647958

RE: RE: RE: Germany abandon nuclear by 2022

RE: RE: RE: Germany abandon nuclear by 2022coal? doubt it. This is a chance for "cheap" NG to jump in there and take over. There is already some talk about natural gas being used to replace some nuclear. This could be one of the staging areas where they get NG back above 6.00 and further down the road back to the proper ratio to oil it used to be. Oil 100/ NG 10. UNG should easily move above 12.20 and HNU above 6.70 on this leg. 
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