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

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Post by Barolo12on Dec 31, 2010 11:26am

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Post# 17911165

Will be out of HNU today

NG spiked more than I exepected today so will be selling the remainder of my HNU and having a great New Years celebration tonight with my profits from the week. My condolences to those who bet on HND this week.

Will sit in cash over the weekend and decide what to do next week.

Right now if I was to bet any direction I would go HNU because of weather concerns but HND could be the play because NG has rising 5 days in a row.

So with very little conviction either way I will choose to sit on the sidelines (perhaps go for a few junior mining plays instead).

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