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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 Goldbug0675on Jan 22, 2010 12:25am
207 Views
Post# 16706765

RE: Silly question...

RE: Silly question...You short NG is you believe price of NG is going to down and to go long on NG means you believe the price of NG will go up. If you think it will go up, buy HNU, and buy HND if you think it will go down.

This is not a very good board for newbies, There are some people on this board who are total douchebags who think they are financial geniuses and act like they are so smart when it comes to buying/selling ETFs. It all comes down to luck and has nothing to do with being smart. We all know know who I am referring too.

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