BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s): HNUZD

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

Bullboard Posts

Post by moneydiggeron Jul 16, 2009 2:00pm

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Post# 16143210

NG should bounce back to $4.50-$4.60 level

If you look at the NatGas chart, was not hard to see this bounce was coming. NG should make it back to around $4.50 before the next retreat. Good time to play the swings, thus will trade in the $3.30 to $$4.50 range the rest of the summer and early fall. Good time to buy in, still early enough. Look at the chart, it easy to see: