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

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Comment by whodathunkiton Mar 16, 2010 6:19pm

285 Views

Post# 16890072

RE: Re:Assumptions and Why

And just to add support to what you are projecting, if you take the balance in storage from the last report of 1.626 TCF and add the net drawdowns & injections from this time last year to Dec 31st of 1.437 TCF you get a balance for Dec 31 2010 of 3.063 TCF.

What I was referring to in my last post of a 28% drop was related to peak storage in Nov. I wasn't paying attention to the Dec 31st date you were talking about. If we only go to the peak storage date of late Nov 2009 that would be a net injection of 2.156 TCF for a peak of 3.782 TCF projection for 2010.

So now I say, ya, possible. How would that affect pricing? Dunno.

Cheers.

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