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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 BobbyBoyon Jul 25, 2023 7:45pm
65 Views
Post# 35556867

RE:RE:Question for the traders....

RE:RE:Question for the traders....Agreed, however this does have the potential to reverse course. I'm not saying it will, but you must be aware that contango goes in both directions. A perfect storm of geopolitical, economic and weather events could move this to $100 in relatively short order. A colder than usual winter, combined with rapid growth in China along with a geopolitical event that limits production etc..... Is this scenario possible? Yes, is it probable? Well...thats the question. GLTA.

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