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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

Post by upmarketson Jul 17, 2009 2:15pm
282 Views
Post# 16146562

HNU going to ( too much) premium ?....

HNU going to ( too much) premium ?....

why is  HNU  moving faster than 2x  the futures chart and  UNG ?

rollover?

I also thought any "short covering"  from taking advantage  of erosion,
 just got absorbed by creation /cancellation
 

I expected a 2 week rally but seems overdone

consider HND for    HNU correction  later next week?

Comments ? traders
...

Humm   now listening to  bnn
  - on  inability   for UNG  to issue shares  seems
 to indicate a ( false/unsustainable - my words) premium on units
(UNG made   request  to SEC or FTC  on June 5th )

and contracts getting  purchased
So no creation  allows at moment for short cancellation

-  humm maybe   seems safer to buy  t:GAS  - not getting overbid?
ie watch alta  price ( and risk of US- can $  shift )

comments?

Tgar should be in here
( and also post some of his saved educational  HOU messages ):)

Regards
U

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