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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 10, 2013 1:49pm
158 Views
Post# 20821390

RE: RE: RE: RE: RE: HNU

RE: RE: RE: RE: RE: HNU

with all respect twpt, i disagree.  Previously in the fall I had mistakenly bought into D at $4.05, and watched it fall all the way down to around $3, but continued to hold with anticipation of a correction upward. Well here we are in january, and we have seen the price go as high as $4.97. U itself in the past year has seen it's price go from around $8 to a high of around $18, only to fall back down to about $11 and then run again to $18, and now fall back down again. So significant price movements can and do happen. Now i am not saying to someone that they should hold for years on end. But panic selling right now is not the best advice either

GLTA

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