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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

Comment by mikerosoft666on Jun 09, 2009 12:22pm
346 Views
Post# 16055218

RE: RE: RE: RE: Every analyst

RE: RE: RE: RE: Every analystInteresting article.

I think the fundamental play in Nat Gas ( demand side ) will be very boring and slightly bearish for awhile yet - at least into September or October.

But I think the excitement under it is WHEN, and by HOW MUCH,  will the exploration shutdown affect inventories,  and WHEN they affect inventories,  what will happen to the price.  That's where we could see very wild pops over 3 - 5 day periods.  Once the mercantile believes the glut causes have been passed in the timeline,  Gas will gain strength and it could be rapid in an effort to cover shorts and get in early.

I have no idea if that is next week,  or next year.  But I think that is my motivation for having SOME money in Nat Gas right now... early.

You still could probably play HND for day trades... or over-buy HNU and day trade the over-buy...

Just an opinion and I am far from being an expert.  Would love to hear the opinion to the contrary also as I don't have a Bearish or Bullish commitment either way.


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