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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

Comment by Barolo12on Jun 09, 2010 10:35am
136 Views
Post# 17172448

RE: RE: RE: sell D?

RE: RE: RE: sell D?I sold my D yesterday and bought U this morning at $6.90 for what I hope will be a profitable day trade.  I don't expect that NG will tank today but might rise as traders cover their short positions before the inventory number tomorrow.   I am still an NG bear,  but I think the emotional side of the market wants to try to take out $5 NG.  Not sure if that number gets tested today, but  I won't hold past the end of today.
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