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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 Jun 22, 2011 11:25am
543 Views
Post# 18750172

POLL-US natgas stocks seen up 88 bcf in weekly EIA

POLL-US natgas stocks seen up 88 bcf in weekly EIA9 minutes ago by Thomson Reuters

* Injection estimates ranged from 76 bcf to 95 bcf

* Median build in the Reuters poll was 88 bcf

NEW YORK, June 22 (Reuters) - U.S. natural gas inventories are expected to have gained 88 billion cubic feet last week, a Reuters poll of industry traders and analysts showed on Wednesday.

The U.S. Energy Information Administration will release gas storage data for the week ended June 17 on Thursday at 10:30 a.m. EDT (1430 GMT).

There were 26 participants in the Reuters poll, with injection estimates ranging from 76 bcf to 95 bcf.

Storage rose an adjusted 81 bcf for the same week last year. The five-year average build for that week is 86 bcf.

The median build in the survey was 88 bcf.

The U.S. National Oceanic and Atmospheric Administration said there were 51 cooling degree days last week, 14 cooler than the previous week and 12 cooler than the same week last year but two warmer than normal.

Degree days, a measure of departure in the mean daily temperature from 65 degrees Fahrenheit (18 Celsius), are used to reflect demand to heat or cool homes and businesses.

In last week's report, for the week ended June 10, overall storage climbed 69 bcf to 2.256 trillion cubic feet, below the Reuters estimate of 70 bcf and well below the year-ago rise of 89 bcf and the five-year average gain for that week of 87 bcf.

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