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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

Comment by livenlearnon Feb 01, 2012 11:28am
193 Views
Post# 19473952

RE: Double bottom

RE: Double bottom

this etf chart is not very good, there's way too much errosion especially with the 2x leverage. ng's recent bottom was 2.23... where will hnu be if it hits 2.23 again?  No good for rsi, gaps, etc..You will see the errosion just over the 2 weeks.  ung's chart is even better than this.

Just trying to help... but try the actual ng chart.  More accurate.

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