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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 Dec 01, 2009 4:00pm
359 Views
Post# 16541986

RE: RE: The "Pit" continues to try and bury UNG

RE: RE: The "Pit" continues to try and bury UNGLow interest rates for aan extended period of time in the early and middle 2000's got America (and the rest of the world) into this mess in the first place.......The people running the FED are not idiots, they know this....they understand the dangers of zero interest rates, and as soon as the jobs situation starts to get better, they are going to either raise rates, or talk very seriously about doing so.....

Likely by mid 2010.....when that happens, the party for oil, gold and stocks is going to be over

ironically, the one commodity it probably won't affect too much is NG, as NG does not have an inverse relationship to the USD that oil, gold and stocks do.

Actually, as raising interest rates requires a true recovery, which would imply demand returning, I would expect it to be bullish for nat gas.

Remember, a riseing/falling dollar is only significant for global commodities...oil, gold, copper etc.....Nat Gas is not in that group
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