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

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Comment by livenlearnon Jan 15, 2012 11:02am

309 Views

Post# 19405230

RE: RE: RE: future of ng

I have been thinking the same thing ellgar.

It's extremely oversold, but fundamentals are absolutely the worst.

There may be a small bounce soon, but really there is no reason for large short covering to happen.

This may end up being 600bcf over last year come March.... which means there needs to be substantial production cuts to fit it all into max storage of 4100 bcf come this fall.

An extended winter would be a start, but not the answer.

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