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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Post by frenchie5on Aug 13, 2009 2:33pm

508 Views

Post# 16216784

Warning to all HNU holders

When you think that HNU is so low and has finally bottomed, and it`s a screaming buy, be aware because often the next day it sinks even lower, and you wonder why you did'nt wait at least one more day before averaging down, I'm preparing for the worst , i will double up my position if it sinks down to 3.00 bucks. And after that i will start praying very hard because i won`t have any cash left. Like Jim Cramer said, ETF's are weapons of mass destruction. Good luck everyone.

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