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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 hallken48on Dec 12, 2013 9:55pm
119 Views
Post# 22001562

Good-bye coal Try it again

Good-bye coal Try it againDec 12 ( - U.S. multinational General Electric Co said Thursday it is anchoring a lending group to finance construction of the 584-megawatt Nelson natural gas-fired power plant in Illinois for privately held power company Invenergy LLC. Financial details were not disclosed. GE said in a release it will support the plant, which will use two of GE's 7F gas turbines and two GE steam turbines, under a long-term maintenance services agreement. The unit is under construction in Rock Falls, about 120 miles (193 km) west of Chicago. It is expected to enter service in early 2015. One megawatt powers about 1,000 homes. Invenergy Development Co LLC, a joint venture between an affiliate of Invenergy and Wisconsin-based investment firm Stark Investments, is building the plant and plan to sell power into the PJM wholesale electric market. PJM Interconnection operates the power grid serving 13 U.S. Mid Atlantic and Midwest states, including Illinois. GE said its GE Energy Financial Services unit through GE Capital Markets Inc served as the primary lead arranger of the senior secured credit facilities. Units of GE, Dutch bank ING Groep NV and German multinational Siemens AG are providing construction and term loans for the plant, GE said.
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