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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

BetaPro Natural Gas Leveraged Daily Bull ETF
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Comment by mikerosoft666on Sep 18, 2008 2:59am
282 Views
Post# 15465486

RE: Gas at $13 HNU was $47

RE: Gas at $13 HNU was $47
Not saying it will go to $13...  pointing out the spread on the HNU value and where it had been.  That was at the peak around July 4th this year.  Sure would have been nice to run that up and know exactly when to jump on HND for the ride down don't you think ?

I think we can see gas go north of $9 but don't know how fast that will happen....  or if it will even get there.  A number of factors to watch out for is new supply coming online this fall...  could reverse this rapidly.
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