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

Bullboard Posts

Comment by Cartman666on Jul 23, 2009 7:57pm

425 Views

Post# 16162029

RE: THIS IS SURPRISING!!!!!!!

Tgarfield - you're using straight logic - we both know that "should've" and "shouldn't have" haven't nothing to do with anything. When NG is trading at $6.50 everyone will say "it never should've got down to the $3.00 range" - then it will drop again to $3.00 and everyone will say it never should've got to $6.00+... lol. Gotta play the game... "Oil never should've got to $149" - but guess what, many people played it and got rich...

When Oil went from the $30s to $53, I started shorting it, and had to cover quick as it went to $70+... logic would dictate that it shouldn't even be worth $50, but logic would've lost me a ton of cash ;)

Bullboard Posts

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