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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 biren1on Feb 04, 2013 4:22pm
98 Views
Post# 20936401

RE: RE: RE: Weak rally

RE: RE: RE: Weak rally

up and down day again. No clear direction at play. Was following the pre-market trading when it was down, and thought ok maybe we will see a clear direction downward. Well the mm's decided to turn the tables and flip it up to a high of $11.60 for U at one point, only to flip it back down again.

Pretty much a day to  lose money if you were swing trading today. I continue to be on the sidelines with my cash for now. Much too risky a play right now to get in till you get some sort of consistent directional movement

GLTA

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