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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 22, 2013 3:41pm
158 Views
Post# 20873872

RE: RE: outlook

RE: RE: outlook

have seen this too many times recently. A major pullback on nothing only leading into greater strength as the report hits. I am mitigating my risk though by only holding 1000 shares of U for now. Will see what happens tomorow, but am happy to be in protis today from 4 swings on U (3 gains, 1 loss). So can bide my time, and maybe reinvest tomorrow if it drops sub $13 again.

But i do think there is a ticking clock on U strength with spring coming. Myself, can't see holding U pass end of next week, as i think we might see some warm weather pull in after that, and D might be very tempting possibly in the low $3's at that point

GLTA

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