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 ecolo101on Nov 03, 2010 5:29pm

398 Views

Post# 17653388

Oil to NG price ratio

More and more spread with oil price still climbing, ration oil drum / NG price can not stay at this level for ever with winter at the door step. Last night : -6 ... We are on the edge to see this thing turning around. Enjoy the ride up...
A BTU of oil or a cheap BTU of Gas. Smart buyer will convert to gas if it stays at this level for ever because of high inventory plus all new production coming down the stream...Eventually demand will pick up! Difficult to see price tanking below 3$ during winter?????????????
GLTA

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