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

Post by Dollarfigureon Jan 25, 2010 5:47pm

352 Views

Post# 16717126

Is NG heading lower?

Looking at the chart it clearly points to a flat line trading formation before a new direction or trend comes. Taking in consideration that the winter is almost over (1 month) I don't see a sub zero climate hanging around long. Now lets talk manufacturing and commercial real estate usage. I don't see a boom in those sectors either that will justify a run up this early in a recovery.

If your playing gas stocks you will be faced with some strategy challenges ahead.