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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

BetaPro Natural Gas Leveraged Daily Bull ETF
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Comment by ezra007on Mar 26, 2013 2:42pm
182 Views
Post# 21170077

RE: RE: RE: Ok...one more hit at $4 ng?

RE: RE: RE: Ok...one more hit at $4 ng?

Plus breaking and staying over 4$ on the short term would only hurt Nat Gas.  I am thinking producers looking at July prices will be encouraged to bring more to market.  There needs to be more sustained (much more than weather demand) established - the kind of demand that is not easy to stop (ex: exports to Europe & Asia) before Natty attempts a $5/6 run 'cause at $5 you would loose a lot of existing domestic demand.  Recent developments such as new export contracts, engines, etc. are on the right track.

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