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

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Post by bullcharton Aug 18, 2016 2:19pm

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Post# 25155261

Going against normal reasoning

The D should be getting a footing and have little doubt it will but for now the U's are in the drivers seat. I use a 50 - 55 moving average along with the 200 day. You have to go back to 2014 to see this 50 ever cross the 200 day. Don't think it will with any confidence but hedged here just in case. Neither the D or the U are above the 50 day at this point. The D moved above the 50 on Aug 11 but could not hold. No one is in the drivers seat just yet. 75% weighted U at the moment but the d under 14 and under 7.40 is still tempting.

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