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BetaPro Natural Gas Inverse Lever Daily Bear ETF T.HND

Alternate Symbol(s):  HBNNF

HND's investment objective was changed after gaining approval at a meeting of shareholders on August 20, 2020 and the name of the ETF was changed to the BetaPro Natural Gas Inverse Leveraged Daily Bear ETF. HNDs new investment objective, which became effective at the close of business on August 27, 2020, 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%) the inverse (opposite) of the daily performance of the Horizons Natural Gas Rolling Futures Index (the Underlying Index, Bloomberg ticker: CMDYNGER). HND is denominated in Canadian dollars. Any U.S. dollar gains or losses as a result of the ETFs investment are hedged back to the Canadian dollar to the best of its ability.


TSX:HND - Post by User

Comment by whodathunkiton Feb 25, 2010 2:52pm
158 Views
Post# 16820601

RE: RE: DRaw -172

RE: RE: DRaw -172My opinion is that just like everyone else, Likesit has no special crystal ball.  The market does what it does.  You have a 50/50 chance of being right on your prediction just like me.  Some will try to say that they can predict the direction of the price of gas based on this or that but the truth is the people who spend the big money buying and selling futures will determine where the price goes based on what they see/need/guess.  Yes you can use some common sense to get a feel for where things are headed (but even that is no guarantee) but on a day to day basis it's a crap shoot.

Try going to the HNU board and see what posters over there think of Likesit's predictions.  Likesit even said he would not post any more but now is saying he only meant on the HNU board.  If I were you I would take what anyone on these boards posts with a grain of salt.  And that includes me.  :-)

Cheers.
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