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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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Comment by Risktaker7on Jul 20, 2009 9:05am
443 Views
Post# 16150182

RE: RE: RE: HND for the short term

RE: RE: RE: HND for the short termI am expecting a upswing in Ng for these reasons

1.Copper prices are ralling very strong and is used as a economic indicator that we are recovery from this recession.
2.The heat season is on and NG is used the most for cooling in most commercial buildings.
For example New York will use more NG for cooling in a day then all the consumption of Canada in a day.If it stays hot down there stay bullish.
3.The economic growth so far in China is 7% or so and is predicted to hit 10% in the last half of the year,this will help pull the economy alone and get infrastructure going. the more buildings and homes you build and depending where you live in the world the more cooling and heating you will need.
Bullboard Posts
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