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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 robbie25on Oct 15, 2009 2:41pm
425 Views
Post# 16391213

RE: robbie25, you buy back HND yet?

RE: robbie25, you buy back HND yet?Yup just a few miuntes ago....wanted to wait to see what the NYMEX closed at.....I agree with you, it's a tough choice....I've made money every day by holding over night all week, so I see no reason to change.

That's me though I wouldn't recommend it to anyone. Last week we got a (what I thought was) bearish report and it ended the day green....I held overnight and made soem nice gains on the open. I think today's report is also bearish.I'll hold for now, but as always I'll have some stops in place.
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