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.

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BetaPro Natural Gas Leveraged Daily Bull ETF

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Post by tim9525on Feb 26, 2011 2:27am

305 Views

Post# 18198230

Marcellus shales drilling tax

natural gas drilling tax for Pennsylvania, I don't think drillers $5 hedge for 2011 account for the extra tax and $100+ oil. This will cost them or make them lose money on every extra billion cubic feet (Bcf) they produce and limit their overall injections this year. In additon, they are facing the new anti-fracking environment complaints and heavily draws due to cold weather and switching to NG from oil. Thus, drillers are not likely able to overproduce or inject this year compared to 2010.

https://www.timesherald.com/articles/2011/02/23/news/doc4d65c197b6cec894905959.txt

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