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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Post by Barolo12on Mar 17, 2010 9:49am

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Post# 16892000

Picked up some HNU

Picked up some HNU at the open this morning ($6.72)expecting a small bounce when the oil inventory numbers come out. Not planning to hold longer than today, so if it keeps going down I will sell but right now thought the early morning dip was a buying opportunity for a short term hold.

Still looking at HOD, but decided to wait until after the inventory report to decide on that one. Oil looks like it might have the legs to move beyond $83 bbl this time and if so $85 could be the next hurdle.

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