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 Nov 28, 2010 9:41pm

410 Views

Post# 17768764

RE: RE: RE: RE: RE: RE: RE: HNU PRICE

In fact yes the fundamentals had changed last year in Dec. That is the period where we had an extreme North American wide, unforecasted deep freeze. Then, in early Jan they were forecasting warmer weather and what happened? The price started to drop.

Very good observation Eastrader, even though you were trying to be sarcastic.

Cheers.

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