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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 19, 2011 8:37am
259 Views
Post# 18959470

RE: RE: Buy NG between 3.4-3.8$

RE: RE: Buy NG between 3.4-3.8$Fair enough.  I just don't understand why would you need a 3.80 entry?   As a trade, HNU already went from 4.18 (and there were lower buy ins as well) to 4.30s yesterday.   It was one of the better upside plays going yesterday when everything was in the red in a pretty broad sell off.   I decided not to sell and take profits because I think there is well more to go before the next inventory report. And who knows, maybe this will turn out to be a longer term thing for me this time...
probably not, but there do seem to be more and more reasons to actually buy and hold this thing a while.
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