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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
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Comment by mikerosoft666on Jun 03, 2009 3:00pm
467 Views
Post# 16041012

RE: Hnu

RE: Hnu"Why are you dolts buying HNU right now? "

Well last week was a record Build and yet price went up.   then down... then up...  so it's really hard to say which is the right pick right now.

You have to be nimble in the ETF's or extremely lucky that you picked a longer term direction if you are holding it.  I can't hold them.  Any strong move up gets me wanting to sell it and buy it back cheaper with a tight stop loss.

Anyway,  good luck to everyone tomorrow when Build numbers come out.  If we are wrong and the Build is down,  and you are holding HNU,  well you will be happy.

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