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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

Comment by frenchie5on Aug 12, 2009 1:53am
450 Views
Post# 16211208

RE: RE: RE: frenchie

RE: RE: RE: frenchieVery interesting news Hammerbit, I agree NG has a bright future, but it's going to take sometime for those coal power plants to switch to natural gas before it has any effects on NG price, short term. This is probably the best time , to load up on good NG stocks for the long run. But right now what we need is a hurricane, maybe we got something forming just off the coast of Africa, take a look : https://hurricane.accuweather.com/hurricane/atlantic/basin.asp. Ng is moving up just a bit, at this hour,this could be positive for tomorrow. Cheers.
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