BetaPro Natural Gas Inverse Lever Daily Bear ETF T.HND

Alternate Symbol(s): HBNNF

HND's investment objective was changed after gaining approval at a meeting of shareholders on August 20, 2020 and the name of the ETF was changed to the BetaPro Natural Gas Inverse Leveraged Daily Bear ETF. HNDs new investment objective, which became effective at the close of business on August 27, 2020, 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%) the inverse (opposite) of the daily performance of the Horizons Natural Gas Rolling Futures Index (the Underlying Index, Bloomberg ticker: CMDYNGER). HND is denominated in Canadian dollars. Any U.S. dollar gains or losses as a result of the ETFs investment are hedged back to the Canadian dollar to the best of its ability.

TSX:HND - Post by User

BetaPro Natural Gas Inverse Lever Daily Bear ETF

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Post by Preteriston Sep 03, 2009 2:55pm

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Post# 16275866

Percentage increasing

As the price of NG goes lower, it still experiences the same kinds of price declines. Hence, a greater percentage of decrease each time. For HNU holders this is disastrous and for HND holders this is magnificent.

"Hey! Be careful out there," or rather, keep those stops in nice and tight.

GLTA

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