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 asdfbcon Sep 04, 2009 6:29pm

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Post# 16280542

RE: RE: T.HNU GAS BEAR

beg to differ.......

short covering before the rollover next week......tuesday I believe. rollover to Nov contract which closed at 3.78

.....which means when rollover starts next week it has about $1.25 to drop or about 33% to the consensus price of about $2.50 for nat gas. 33% drop will roughly equal about 66% drop in HNU or 66% increase in HND.

I'll get slammed for this.......but just watch when rollover happens next week....nat gas price will slowly drift down to $2.50ish level.

All this will translate to about $30 for HND....

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