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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 20, 2010 1:06pm
224 Views
Post# 17871195

RE: RE: RE: carl icahn big move into nat gas playe

RE: RE: RE: carl icahn big move into nat gas playebeaver, maybe, maybe not. Im not pretending i know what will happen for sure but im a bit more bullish than you, and I think we may see a run up to $5 over the next few weeks, especially if january is a bit colder than what peole are expecting, before dropping hard again. To your point though, some of those companies that are happy making 4$ ng right now are probably hedged, right? Next year when some of those companies will not be hedged, how happy do you think they will be with $4 ng? Im not saying we are going to see a dramatic decline in production overnight but over the course of the year we should start seeing a trend in that direction, and hopefully more demand with economy picking up more steam.
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