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

BetaPro Natural Gas Leveraged Daily Bull ETF

Bullboard Posts

Comment by biren1on Jan 25, 2013 3:25pm

243 Views

Post# 20891803

RE: RE: RE: looking to get into HNU

wow $15 by end of next week? I never say never with this beast, but i think that is asking alot. One thing i have determined based on the report yesterday, and how ng traded afterwards is that it seems alot of this cold spell has been priced in. As a result we would need one heck of a drawdown that is not expected, combined with future forcasts of unseasonal cold to continue i think to $15.

Still think $14 might be possible that week, but i am a skeptic right now based on the trading today if any sustained bull run is in the cards near term.

GLTA

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