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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 Bapakon Jul 01, 2009 11:12pm
498 Views
Post# 16111972

RE: RE: RE: Contango explanation

RE: RE: RE: Contango explanationIt is amazing how many people here  have no clue  what they are doing! I would guess only one in ten have some knowledge of this ETF. Most think that  NG is low so it  must go up  therefore :" I buy " to my eyeballs"  (this is what one of the posters said) and I'll make the killing".  Well guys  " fools and their money..." .  Please my friends  do your DD  before you go on welfare.  NG  may go up quite  a bit and this thing may even go  down further since its trades  on month to month basis.

B. 
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