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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 May 03, 2013 11:53am
166 Views
Post# 21335339

GS at it again

GS at it again

Want more shorts?  I'm guessing Monday it bounces

 

Goldman Sachs analysts view yesterday's market reaction to the larger than expected build in storage as "overdone" they said in a report released on Friday morning. 

...overall US storage levels are low relative to recent years and the gap to the typical seasonal storage path is increasing, which leaves room for further declines in coal-to-gas switching demand through this summer," the analysts said. 

The firm maintained its NYMEX natgas price target at $4.50 per mmBtu for 2H 2013.

 

 

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