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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 NGlongon Jul 15, 2012 7:02pm
173 Views
Post# 20115519

RE: Looking Past the Gas Hype

RE: Looking Past the Gas Hype

I'd like to think the lows are behind us but I just can't picture it. A, were heading into the shoulder season B, natural gas compainy's have already shut supply down and now they are paying for it on the balance sheet. C,  there will come a point were some will cheat and sell at any price just to save their skin. D, storage levels are very full for this time of year, and summer looks like it's going to drag into a warm fall. E, there are company's out there that can make a 12% profit at $2.57NG and supply huge amounts no less.(43 Trillion cubic feet to be exact). And then there is contango, erriosion on the etf  and a economy that's falling apart. Hmm ya I think it's going to $6.00NG for sure, probably not.

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