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

BetaPro Natural Gas Leveraged Daily Bull ETF

Bullboard Posts

Post by psmithon Mar 12, 2013 11:06am

181 Views

Post# 21115919

weather and NG

Not sure why people post the weather over and over on this board. I know the bears are getting edgy, but the reality is there is no correlation between weather and NG prices. Sorry, just a plain fact. Heating and cooling season also does not correlate with NG prices. Just look at HNU did from mid-April to Mid July last year...it doubled. From November to April 2013, price dropped by 60%...

NG prices are a supply and demand play, with the odd external macro factor thrown in (storms, nuclear meltdowns etc).

Food for thought...

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