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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 biren1on Jan 09, 2013 1:10pm
99 Views
Post# 20815754

RE: RE: RE: Scaling into D

RE: RE: RE: Scaling into D

well it looks at the moment, the mm's are not able to push U below the psychological threshold of $10. Don't think that will hold for long. Who would have thought we are on the brink of seeing sub $3 on ng already. I knew it would happen, but i thought it might take another month or so. Goes to show, when it wants to run, nothing can stop it, and just have to get on the ride side of the trade or get run over lol

GLTA

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