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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Comment by Barolo12on Dec 03, 2009 12:54pm

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Post# 16550608

RE: RE: Natural Gas: Technical Levels - December 2

I hope you are correct likslt because during the past few weeks I was buying HND when you were stating that NG was going to $6. I did not believe it then and thankfully made some $ when NG dropped this past week. Now I hope you are correct, but I am only expecting $5 NG, not $6. At $5 I will have a nice profit and then will look to see where the trend is going. If it is up I will ride my stop losses up, if not, then sell and look for an entry point into HND.

As many have said before these ETF's will kill you if you see them as a buy and hold.

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