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 10, 2009 6:50pm

313 Views

Post# 16295270

RE: RE: RE: can this recover.....?

this is a tough one. i think the stock market, like they say, is about 6 months ahead. when we saw the steady and methodical decline some 5 months ago....they were already looking at the scenario of storage potentially reaching full capacity because of lack of demand.....and it did come true. The injections got bigger and bigger in the past 5 months.

BUT, perhaps, now, looking 5-6 months out from current juncture, they are seeing/expecting the supply/demand imbalances starting to balance out, and consequently the storage capacity in decline over the next few months.

This is my 2 cents regarding the outlook of NG for H1 of 2010.

Perhaps now........a steady and methodical increase in NG.....

Bullboard Posts

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