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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 raggetyjackon Jan 06, 2011 11:47am
304 Views
Post# 17933069

RE: RE: Next few weeks

RE: RE: Next few weeksAll factors have to be taken into account to predict with any accuracy the price movement of natural gas. As with any commodity the supply and demand influence the price. CHK is today decreasing growth forecast from 40% to 25% and many more NG companies are focusing on their oily assets solely until the price recovers to 6 bucks plus for NG.

The big man is taking a stake in CHK so I like to follow the billionaires as they influence the market and have lots of cash to put behind their bets.

Volatility in NG prices are a precursor to a large spike ..... that's from historical prospective along with the 6/1 ratio.

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