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

Comment by whodathunkiton Dec 10, 2010 1:49pm

168 Views

Post# 17830190

RE: Just added more

Food for thought. Do you think it is possible that the traders are comparing this year to last and saying, we are in a similar situation. Last year we had a record high storage, a cold Dec sucking out gas and the fear of the possibility of ending the withdrawal season with a lower than normal storage. Yet by the end of the winter, the world had not ended and storage was more than ample.

If so, maybe they are less panicked this year and therefore are not going to drive prices up but are taking a wait and see approach therefore causing a tighter trading range with small fluctuations based on reaction to short term info. Maybe, maybe not.

Cheers.

Bullboard Posts

The top TSX healthcare stocks under $1