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 May 26, 2010 4:38pm

340 Views

Post# 17133777

RE: RE: Is the close indications

Or, the price of NG will go up tomorrow. Storage while high has had lower injections over the past 5 (soon to be 6) weeks than last year. Injections over the next 2 to 3 weeks will likely also be lower than last year. Rough GOM weather being forecast for this summer. No fear of running out of storage capacity at this stage. Production might be high but not as high as people think and consumption from the improving economy is helping consume that. The general stock market is irrelevant to the price of NG. Conclusion, price will go up.

I believe there is an argument for both up or down but my thinking is leaning towards up for the next little while. That is the name of the game. Place your bets and take your chances.

Cheers.

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