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BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s):  HNUZD

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

Comment by KR1527on Dec 15, 2010 4:41pm
275 Views
Post# 17852361

RE: RE: RE: RE: RE: RE: RE: RE: Anyone here using

RE: RE: RE: RE: RE: RE: RE: RE: Anyone here usingOriginally I thought that they would definitely be backing off from production in 2011 because the number i heard was something like over 50% of producers that are hedged now wont be hedged in 2011. However, the numbers and points that Buddajoe made got me thinking that maybe it might not happen. Seems like a lot of conflicting arguments out there. Even last night on BNN Eric Nuttal was super bearish on nat gas into 2011, whereas David Taylor was super bullish because of the hedging situation. I dont know what to believe now.
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