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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 Dec 16, 2008 10:25am
324 Views
Post# 15648404

RE: nowhere but up

RE: nowhere but up
I would agree.  But Specboy has previously shown historical charts showing Gas going to the $4's in this season.

Again,  commercial demand is 31% of Nat Gas consumption and unfortunately,  a lot of commercial is pulling back on producing their stuff,  and consequently consuming gas. 

So the Bear seems to be capable of out weighing the fundamentals.  But I am not seasoned at reading the numbers so I don't know if our over supply will exceed our increased demand because of the cold weather... or if there is a wildcard AND a trump card in this deck...


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