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 Dec 21, 2009 5:58pm

332 Views

Post# 16608650

RE: Pay Attention to Natural Gas........

"The oil giant recently purchased XTO Energy,placing a $31 billion bet on natural gas"

I don't view the fact that they bought XTO for $31 billion as particularlybullish sign for NG.......in fact, should the deal go through, I would consider it to be somewhat negative.

After all, the deal places values XTO's at approx $2.93, so considering that XTO would know more about the gas market then us, if the board and CEO agree to sell at that price, what does that say about their outlook?

Bullboard Posts

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