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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 xdarkcloudxon Jan 18, 2012 9:15am
259 Views
Post# 19416020

My Take On The Situation

My Take On The Situation

Ng could reach a max of about $3.15 sometime this year. Conversely it could also reach a low of $1.80 sometime this year. Averaging done has been very nerve racking for U holders but it may get most of your money back or even a small profit. My advice to D holders is to count your blessings and get the hell out. You will get slammed very quickly as well. Most know that contango and erosion constantly changes the break even prices on these monsters.

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