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

Bullboard Posts

Post by Barolo12on Apr 30, 2010 8:55am

378 Views

Post# 17047635

I predict green today for ng

I see NG heading higher today for the following reasons;

1) News just out that US economy expanded in first quarter (3.20 % annualized) due to consumer spending

2) The Friday effect. Most Fridays NG goes up as traders close out short positions before the weekend. With the huge drop yesterday I suspect many traders will close out some short positions today.

Neither of these will create a huge updraft, but ending up .05 - .10 is possible.

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