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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 StoxRokon Mar 13, 2010 9:08pm
274 Views
Post# 16880501

RE: RE: manyRE: RE:alwayshappy123

RE: RE: manyRE: RE:alwayshappy123 ETF's are trading vehicles, and most are destined to fall to zero (aside from reverse splits). They are not mutual funds and without momentum on their side, they will do nothing but cost you money. Whether they trade natural gas, oil, gold or financials, they are built for day trading or swing trading. Nothing more, nothing less.

 Natural Gas is up 75 cents in the last eight months.

 HNU is down about $16.50.

 These are not "buy and hold" instruments unless the particular sector you are in is going either straight up with a bullish ETF or straight down with a bearish ETF. 

 SR

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