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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Comment by asdfbcon Sep 05, 2009 3:08pm

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Post# 16281854

RE: RE: RE: RE: T.HNU GAS BEAR

No discouragement whatsoever.

In the past few days....it was knocked down to as low as 2.50. My opinion is that it will go lower. So when rollover occurs, 3.70ish will be knocked down to 2.50ish or possibly lower.

I understand your rational that it doesn't make sense that nat gas can trade at these levels given that prod costs are 6-7 dollars. But that's what everyone has been saying for the past year......and nat gas price keep drifting lower.

I'm just following the trend and the line of thinking in the markets......however irrational and illogical the trend may seem.

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