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 nobulshton Dec 07, 2010 10:58am

250 Views

Post# 17811897

RE: RE: OIL is UP - NG is DOWN?

Thanks for reply,So The price of u or h today when i want to buy is based on a combination of prices for ng from the near(jan) and farther out dates (feb, Mar) with the actual days counted until the magic thursday day and mix in the draw no's and HDD days and daily(hourly too) weather reports and contango no's and short plays and longs trading by the minute and manipulation by the Goldman and the like, bastar-s and more uninvited players having effect, Am I correct? Not that different than eating Mexican with warm sour cream wearing white pants on a blind date and trusting a fart, not pretty at all. Thanks again I'm gone.

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