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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

Post by Valentine_MSon Apr 26, 2012 10:32am
118 Views
Post# 19838428

What a differance a week makes

What a differance a week makes

I think it was a week ago I was checking here for information and there was someone posting HNU was just a scam and should not be allowed by the regulators?!?  Let me predict, not saying that today? 

There has been huge value lost and the rebalancing wastage will always give it a downwards bias, but
what goes down will go back up, not saying this is the bottom yet but after years straight down NG has to recover at some point and there is no such thing as a one way trade down (in a commodity anyway) and some people seem to have forgotten that.

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