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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 29, 2009 9:38am
283 Views
Post# 16434435

RE: RE: What is it going to take...truebluenoser

RE: RE: What is it going to take...truebluenoser"Once again,  what is it going to take for this ETF to go up?"

Gas to go up....it's pretty simple.

Or, to simplify it another way:

Gas goes up in a short period of time (think days, or at best, a week)=HNU up
Gas stagnant over a period of a few weeks= HNU down
Gas goes down= HNU down
Bullboard Posts