BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s): HNUZD

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 JustLongon Jan 10, 2009 11:11am

259 Views

Post# 15696103

RE: RE: Cold/bearish girl

A couple years ago when oil got upto $40 a barrel they were building gas fired plants as fast as they could beause of cost/enviro benefits.In the last 10 years,NG has been at or higher than todays price and lots of NG plants were built.That will continue.
I beleive oil at the low end of 35-40 but will avg 60-80 going forward.
Gas demand is seasonal in N.A. and not constant,hence playing the HNU for now.Please note the these ETF's are a short term trade(like seasonal)
In the link supplied take note that less that 1 % can convert with duel fuel.Sure it is easy to turn a few valves but the plant would have that capability when designed/built.Duh.It would take years to convert the rest of the plants and certainly not cost effective for a short term down tic for oil.
If the Ukraine affects the N.A. gas at the NYMEX ,I'll be surprised,since gas is for the most part a N.A. play.
Take your hippy lard a$$ and BS over to the bear board.

JL