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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 Mar 09, 2013 7:42am
156 Views
Post# 21103846

RE: RE: RE: market review and outlook

RE: RE: RE: market review and outlook

I tend to agree. Ng has once again sky rocketed too quickly, and an order of downward correction is due. Spring is fast approaching, and even if we see summer come early this year, i still think we will see a decent shoulder season that should allow for D to rise in the short term.

Had held off on buying D this week, as you have to go with the short term trade, and U was it this week. But will start looking to accumulate D next week. Hoping we can see a continued temporary rise in U to maybe allow for D to dip sub $3.40 possibly. From there, i think it's a no brainer trade

GLTA

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