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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

Comment by Barolo12on Dec 29, 2010 10:15pm
401 Views
Post# 17904598

RE: ANONYMOUS

RE: ANONYMOUSI agree with DSurfer.  I sold 1/3 of my HNU holdings today at a profit and will ride the balance through the draw. If the price drops I will probably redeploy the 1/3 into HNU.

Weather forecast is for very cold temps heading into the US for late this week early next week.. I see more reasons for NG to rise than fall. 

When the time is right I will switch from HNU to HND,  but I don't see that happening for a couple of weeks.
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