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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

Post by mikerosoft666on Oct 09, 2008 10:26pm
222 Views
Post# 15518237

NG Price dropping overnight...

NG Price dropping overnight...
Keep a close eye on this if you are holding.  I'm starting to think Specboy's premise may be correct and we are going to see NG retreat behind $6 which means we are going to see HNU retreat to under $8...


Just my opinion and gut feeling along with observations as to what this financial hurricane is doing to fundamentals...   blowing them completely away.
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