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 26, 2010 4:08pm

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Post# 16929785

RE: HND weekend hold?

Up to this point I have held through the weekends and through Thursday mornings based on my convictions (either D or U, depending on what I held). But, today, just before the close, I sold at $9.21. I can't take it anymore! :-)

Actually I'm just a little leery of what might happen over the weekend so at this point I'm sitting and waiting to see if I can get a lower entry point back into D on Monday morning. I still think there is more potential for NG to drop but it's getting riskier after each lower close.

I'm happy to report, after 9 months or so of learning how to play this ETF I'm finally in the black this week. Yehaw.

Cheers.

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