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 mikerosoft666on Aug 31, 2008 5:07pm

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Post# 15423015

RE: nymex open

with the Henry Hub itself closing, I can't for the life of me figure why it would go down. This whole market has been like this for the past 3 months... like trading in Bizarro World. It should have opened over $9 by any logic I can follow.

If I'm holding large gas contracts that I bought at $7.94 on Friday, why would I want to sell them today at less ?

Can anyone explain that ? Even if you believed gas was high based on fundamentals before the storm hits, the fundamentals would have just changed. What am I missing ?

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