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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 beaver911on Dec 11, 2013 3:26pm
81 Views
Post# 21995942

RE:RE:RE:beaver

RE:RE:RE:beaver
I think ng has popped to fast, and it will drop on the low draw this week, 85ish. I am short 75% on hnu. The good part is that hnu eriosion will always bring it down over time. I am ok holding it for a month or two. As we all know ng goes down after xmas, or in the spring. And if ng does go higher, im ok with that, as I will short more.
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