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BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s):  HNUZD

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 markvrdon Aug 18, 2011 10:48am
183 Views
Post# 18955930

RE: Report anyone?

RE: Report anyone?Sorry, just saw your post. It's here.

https://ir.eia.gov/ngs/ngs.html


Key thing to me is the way this year's inventories keep pushing towards the lower half of the 5 year range. General market conditions keeping it artificial low. HNU is a great trading play and likely going to have a strong long term upside from these levels as well. General market conditions have chased out down but the inventory situation is looking better and better each week. Coupled with the extemely low prices, it's certainly looking like a good buy.

I think this week's modestly large injection in the east had to do with unseasonably cool weather. However, overall, the inventory levels are very low compared to last year and 5 year average. Despite this, price is much lower what it was then
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