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 robbie25on Apr 22, 2010 12:11pm

396 Views

Post# 17019687

RE: UNG can be back to $30 in a year

No way will NG ever get even close to $7 for a very long time, barring a huge infrastructure change.

If the gov't mandates NG fueled vehicles or something like that, then yes, NG should do very well. But if everything stays the way it is now, teh fundamnetals are just terrible.

Tons of gas, and only getting more. The US reserves jumped 40% in the last two years, and there is no reason why reserves can't be increased year over year by at least 10%. Those are massive numbers.

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