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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 JustTwiceon Feb 14, 2013 12:14pm
187 Views
Post# 20988927

ROB

ROBYou will see NG doesn't make sense a lot don't get caught offside. Last may when we had the most gas on record HNU doubled 7 weeks later for example. Feb is very volatile expect it. Medium term you will not see 2.00 NG this year. Inventory levels are below last year and wihdrawls have been largely greater than 5yr. Having said that I don't feel this is a good U spot maybe for a quick flip if your brave. Hnd on weakness is less rsk. These other things will come into play this summer. A well positioned hnu buy this march/april could very well double. >
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