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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
Bullboard Posts
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(35)
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Post by ChiChi3on Jan 23, 2009 11:05am
425 Views
Post# 15723640

Weekly Storage down 7%!

Weekly Storage down 7%!I don't get it.  Weekly storage report shows storage down 176 Bcf.  Not a huge drop, but seems pretty big.  Plus those numbers are from Jan. 16th and we've had much colder temps than normal since then AND temps are forecast to be much lower for the next week.

The market seemed like it was pricing in an increase in storage given the last week's price movement.

I would have expected Nat gas to rally significantly on this data.  What gives!? 

Chi.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities