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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

Post by susanuon Mar 27, 2009 5:22pm
459 Views
Post# 15878095

low gas price incentive to switch from coal

low gas price incentive to switch from coalHere is a possible explanation for the falling price.

https://www.traderplanet.com/daily/Kevin-Klombies-Stocks/?pst_id=102212

Historical price ratios do not necessarily mean a quick reversion to them - gold and silver have been out of their "normal" ratios for quite some time as has gold and oil.


So as some of you are doing - I will average down - sell on runups (if any) and buy back lower and wait for the price to go up due to lack of supply as the more costlier producers will shut down.

A hot summer may bring higher prices before the next heating season.

Have a good weekend.
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