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 > Reverse split !

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Comment by WolfOfWeedon Feb 14, 2024 11:21am

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Post# 35879799

RE:Reverse split !

history show Horizon does not split the stock at $4. They split the stock when HNU trades at $1.50. For that to happen, which it will not happen, becuase natural gas will have to trade at $1.22 for an extended period of time.

The likely chance of HND been split is very high. Because it way out of wack at the price per share if that does not correct it seld and come down substantially.

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