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

Comment by granafirmeon Jan 31, 2011 7:54pm

306 Views

Post# 18052522

RE: RE: RE: RE: RE: Disruptions!!!

great interpretation meltom
dont forget that spot will run with this weather
so mix weather speculators and spot and u have a MAJOR SHORT POSITION BUILT UP
actually starting monday next week we r trading 87.5% march and 12.5% april and i hope no backwardation is in place i hope we have a small contango
now maybe i explained my self wrong
NG at 4.5 i will pick some D up and hold probably 1/4 of my cash position
4.6 NG another 1/3 of my cash position
4.7 another 1/3 of what is left
if it hits anything around 4.7 the remainder cash and will hold
I think we will see 4.5 again sooner than later
GL

Bullboard Posts

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