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 27, 2009 2:06pm

195 Views

Post# 16530952

RE: RE: RE: RE: Contango disappearing

That is correct.....if you short HNU during a time of contango, the same forces that vaourize value into thin air will create it out of thin air.....of course, you still need to make the right call on NG itself....if NG goes up during the time you short HNU, you'll still probably lose money.

Shorting HND wouldn't be AS profitable (I'm just talking about the contango effect, ignoring the money made or lost on the movements of Nat Gas during this time) becuase the contango doesn't affect HND as much due to it's being an inverse.....but HND still does lose value over time due to fees and rebalancing....

Bullboard Posts

Visionstate set to leverage success in the U.S. market