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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 JaidenInvesteron Jun 09, 2011 10:51am
320 Views
Post# 18692988

interesting read !!

interesting read !!I got this from oil and gas hedge fund blog !!!


Splits and Consolidations

As of 3p today, June 8th of 2011, HNU is trading at $6.69 with HND at $6.58;


These ETF's began trading at $20 each, January 15th of 2008.


HNU has had the following consolidations (reverse stock split):
1:4 April 15th, 2009
1:5 Sept 16th, 2009
1:2 Nov 8th, 2010


HND has had the following splits:
5:1 April 15th, 2009
2:1 Sept 16th, 2009


Therefore, their current adjusted prices from inception are:
HNU: 16.73 cents (-99.16%)
HND: $65.80 (229.00%)


Indeed.



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