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 26, 2009 1:41pm

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Post# 16527021

RE: stockguy

"A) NA NG's best month has almost always been November"

Furthur to that, the Nov contract's expiration price has been higher then the Jan expiration price every year for the last six years....

Not saying that will happen this year.....BUT.....the possiblity cannot be ignored due to this happening every year since 2003.....and IF that happens again this year, Jan would have to be pretty low....

I forget the exact expiration price of Nov, but I believ it was $4.70, or something like that?

When this rally is done (I'm thinking $5.50-$5.60ish) I wouldn't want to be long NG

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