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 Jun 21, 2010 3:10pm

319 Views

Post# 17207840

RE: RE: RE: drop

Yeah, I see what you're saying. I wasn't saying that a stronger Yuan is bad for NG, jsut that it's more or less irrelevent to it. It certainly won't hurt it, and may even be a small benefit, as you point out.

In the grand scheme however, until China gets a middle class that actually consumes, any increase in the value of the yuan will not really have that strong an effect on US manufacturing.

But your point makes sense.

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