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

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Post by robbie25on Nov 27, 2009 8:11pm

346 Views

Post# 16532087

For those who insist on posting....

news about shortages, or other factors, of Nat Gas in other areas, like Russia or China......Those markets are not connected to the US market at all, and thus HNU/HND

Did you know that Nat Gas in China is over $12/ mmBTU? If there was ANY sort of connection to the two, this would be arb'd down to close to zero....the very fact that this discrepancy exists shows that while other places may be selling the same commodity, they may as well be trading it on Mars....it would have about as much relevenace to HNU/HND if it were.

So it's not necessaiyry to keep us updated on the breaking news of Ukranian gas shortages, or Chines demand, or any of those factors.

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