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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 justcurious1on Jan 11, 2012 1:56pm
252 Views
Post# 19392390

RE: Key support....$2.75

RE: Key support....$2.75

bnn has a guest on monday who mentionned NG april futures showed $2.50 and dropping. problem with ng is it is now a by-product to oil and ngl's and there is no end in sight. also, apparently ng leases must be worked or they are lost. with fracking, ng prices will remain low until gov't's in the U.S. and CANADA wise up and start promoting NG as an alternative to gas powered vehicles. better for the environment, consumer and a safe supply in lieu of depending on the unstable middle east. sell the oil sands product to europe. there is a reason for the share consolidation that took place !

 

jmho

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