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

Post by WonmanshowBMLon Dec 22, 2010 3:40am

308 Views

Post# 17880695

Not Sure If I'm Catching On

But it worked today. I basically doubled up on HND at the open and sold all near the close. I bought HNU near the close with the HND proceeds. These are all my decisions this time whether they be good or bad.
I figure the estimates for Thursday are wide spread (Forex 170, Ben 185 ....average analysts 180) so there may be a surprise on the upside. It was mighty cold across the country last week and even though the production numbers are up I can't see the draw paralleling the previous week of -164. So...a pop may be in order.

Bullboard Posts

Paramount Resources signs $3.32 billion asset sale