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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

Comment by biovine811on Sep 07, 2009 3:07pm
285 Views
Post# 16284325

RE: RE: Contango is a kill wana try backwardat

RE: RE: Contango is a kill wana try backwardat
Yes, forgot to mention that they bought too much at the high prices--- or mayube they didn't--- the only 0nes that really know are the bean counters-- and you know we can trust them !!

you can be sure that there is extra storage, and they will be making a killing on selling that smelly stuff off.



""There have been a couple that have applied for rate reductions, but since a lot of the have forward-purchased from last year they're still using expensive gas. Those on spot pricing should see more. for now, anyway.""
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