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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Post by AJMCon Oct 25, 2010 11:39am

258 Views

Post# 17607263

Help me understand!

How does such a widely used commodity that is absolutely critical for both residential and business uses experience such a price decay?

I can stand on my roof-top and see chimney's venting in every direction as far as I can see (eg. more NG).

The economy is recovering and local industry is getting busier-and-busier (eg. more NG).

The price of crude oil is spiking...yet NG is sinking more-and-more.

Something just doesn't add-up!

Help me understand.

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