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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

BetaPro Natural Gas Leveraged Daily Bull ETF
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Comment by Goldbug0675on Apr 06, 2010 4:36pm
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Post# 16962413

RE: RE: Sold a third of my position

RE: RE: Sold a third of my positionThanks Jean, I am glad I bought yesterday and made back half the money I lost on NG last week. I ended up selling the rest of my HND at $9.22, saw NG starting to climb back up so bailed. I expect NG to drop a bit more but don't want to be too greedy. I am also holding the bag on HOD. I can't believe the very tight trading range on oil today. I expect a breakout soon but not sure which direction it will take. I still hold HOU just in case oil jumps up tomorrow after the EIA numbers come out. I am hoping oil will tank but its hard to read oil these days. Well time for a nap and then off to supper with g/f and some nice cold beers and enjoy the very warm weather. Cheers and talk to you later.

Mike
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