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

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Comment by mactigeron May 26, 2009 10:51am

336 Views

Post# 16016219

RE: RE: article on NG price

EnCana explicitly stated that they do not care about the NG prices for a while as they have hedged most of the stuff at much higher prices for this year. As a matter of fact, the current weakness in NG prices may be extremely beneficial to EnCana, as the competitors are bleeding, new expansion opportunities arise, and if I were them I'd just buy NG at 3 bucks and sell at whatever they have hedged, cutting production and other costs wherever possible (or don't even bother to produce at all for a while :))

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