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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 Barolo12on Dec 09, 2009 2:14pm
369 Views
Post# 16569770

RE: i'm really surprised we're back under $5

RE: i'm really surprised we're back under $5I have seen this dog an pony show often enough to sell first and ask questions later.  I sold my HNU this morning at $10.16 as it started to slide.  It came back above $10.20 but then headed back down.

I decided to buy into HOU for the time being and wait to see where NG goes.  I see more potential upside (less down side risk) with HOU right now.  If the NG inventory numbers look bearish tomorrow I will look at HND.
Bullboard Posts