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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

BetaPro Natural Gas Leveraged Daily Bull ETF
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Post by Veritas_vinciton Sep 17, 2009 6:39pm
406 Views
Post# 16316411

TREND STILL UP

TREND STILL UPNatural Gas will be going up slowly...in the interim there will be lots of volatility.  As before HND holders will get squeezed.  Don't believe me...buy HND and hold it for a week or two and see what happens.

I on the other hand can hold HNU for a few days or a week if necessary and come out on top since the general weekly trend is Bullish on natural gas.  Intraday trading is a different beast altogether.

Either way taking a position in HND is like begging to be slapped around.
Bullboard Posts
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