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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 mikerosoft666on Aug 29, 2008 2:39pm
167 Views
Post# 15420264

RE: lots of things can change on a dime

RE: lots of things can change on a dime
The way NG is trading today,  you would think the speculators would be pushing us up higher with GUSTAV bearing down on supply.   But it would appear that downward pressure is prevailing here.

I agree with the "stay within your means" thought.  Certainly on the next few days nothing is certain.  Usual time (statistics) will prevail but it could be bloody getting there.

Or...
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