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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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Post by Bapakon Jul 02, 2009 2:00pm
301 Views
Post# 16113202

Impossible to call bottom!

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.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities