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 robbie25on Nov 17, 2009 4:52pm

333 Views

Post# 16496872

RE: I don't mind HNU being low right now

"I'd rather buy January contracts today at $ 4.90 than $ 5.05. "

It's a moot point, really.....right now, HNU is buying Jan gas for $4.90, but remember they have to sell Dec too, and that is $4.53.....

If Jan gas was higher, say $5.10, then that higher price would be offset by a higher sale price for Dec (prob around $4.75-ish)...

So it all evens out in the end.

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