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

BetaPro Natural Gas Leveraged Daily Bull ETF

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Post by ellgaron Aug 30, 2012 12:07pm

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Post# 20279626

Speculation driving price?

I put in a stink bid at $10.85 and was filled and sold 15 min later at $11.65

Thanks and congrats to TD waterhouse for getting me filled at the low of the day. I sold (nice quick prifit) but NG could go higher as it's just bouncing off support. But inventories were higher than expectations so not sure why the pop other than speculators.

Ideas...welcome!

"The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. in the week ended August 24 rose by 66 billion cubic feet, just above market expectations for an increase of 63 billion cubic feet"

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