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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 buddhaboyon Jun 29, 2009 8:19am
481 Views
Post# 16105109

RE: RE: Friday's action - Beenburned64

RE: RE: Friday's action - Beenburned64Thanx for the feedback.  Admittedly, you are in this "for the swing" and I see what you're saying....except for the bit about the volatility.  I don't understand how "volatility works against 2X lev. etfs as long term holds".  If I'm buying down low and holding until it goes higher (whether that takes a couple years or a decade), what do I care about the volatility in the mean time??

Thanx in advance,
(the other) BB
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