BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s): HNUZD

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

Post by moneydiggeron Sep 03, 2009 10:46am

310 Views

Post# 16274474

This POS should reverse split soon.

Not sure why people are still buying this. I have tried to tell a few friends to stop! Inventories come in today and are really high again. Producers are slowing down but the demand is reducing. Only way it would go down fast is if the producers would stop completely to sell then storage would disappear, This will never happen. It sure isnt time to buy here and the reverse split is coming fast. HNU will not go under $1, it will reverse split before this happens.
I hate to see people lose big money here. HNU will have its time, just not now and not anytime soon.

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