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.

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BetaPro Natural Gas Leveraged Daily Bull ETF

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Post by lavastormon Dec 10, 2010 11:57am

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Please comment. Written by Administrator
Dec 10, 2010 at 05:09 AM
By Scott Rubin Benzinga Staff Writer Natural gas has given back yesterday's big gains. The United States Natural Gas Fund (NYSE: UNG) has fallen 3.33% to $6.09 heading into the close of NYSE trading. Natural gas futures have slumped 3.78% on the session. Despite today's sell off, if you like volatility and the chance for big upside, you should consider trading natural gas. The commodity has been absolutely crushed for years as supply has far outstripped demand. Year-to-date, UNG has lost almost 40%. A trend change may be occurring, however, as gas has gotten extremely cheap and other commodities are rallying furiously. In the last 5 days, UNG is up 2.36%, even after today's correction. Many energy analysts and fund managers remain bearish on the space. This is definitely a high risk/high reward trade. If we are seeing the bottom in natural gas, however, it could pay off big time. Read more: https://www.benzinga.com/market-update/10/12/685949/natural-gas-gives-back-yesterdays-gains-ung#ixzz17hq08rAT