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 Dec 09, 2010 12:28pm

192 Views

Post# 17824184

RE: RE: RE: RE: Next weeks draw

I understand that, but I'm talking whole numbers, not adjusted for. Meaning, at the end of the week what is in storage. This "one day adjusted for" is good for their statistics but the total in storage is the total in storage. Last year at the end of the week the storage number was 3566. To get to that same number at the end of next week we need a draw of 159. In my opinion if we don't get at least that number it will reduce pressure for upward movement in the price. We still may get upward movement but again not the dramatic jumps as seen in previous years.

Cheers.

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