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 Barolo12on Apr 02, 2010 8:21am

636 Views

Post# 16951691

RE: newt r u

5-year average for the week ending March 26, 2010 was a draw of 27 bcf, so from my perspective we are still in bear territory. Next week the average jumps to a build of 11, so we are one week ahead of schedule on the inventory build, coming out of heating season with a much higher inventory than the 5 year average, rig count rising, warm weather and economic activity improving but still not robust.

If someone can give me a good reason that NG should go up given the above information I will re think my HND holdings.

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