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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Post by Bapakon Jul 02, 2009 2:00pm

298 Views

Post# 16113202

Impossible to call bottom!

I think thta no one can predict how low it can go. Look at HOU which is the same scam with oil as HNU is with gas. In November WTI was $50/bbl and HOU was $30/s . Now oil is about $70/bbl and HOU is about $8/s. So , the same will happen with HNU. If you are lucky you can make a few pennies trading this on daily basis. My problem with HNU is that lots of retail investors are blinded by greed and do not understand the risk..

B.

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