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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

Post by ezra007on May 01, 2012 3:15pm
434 Views
Post# 19858001

Stay or get out?

Stay or get out?

I have a feeling this Thursday is going to be brutal for Natty.  Injection was +72 last year and I have a feeling (albeit usage up but comparatively production is also up to last year) its going to be around the same number and that's not good for the existing surplus.  The next few injections will hurt natty.

I guess I'll get out and stay on the side lines.  I'm still in the reds big time and don't want to take any risk.
 

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