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 houbahopon Feb 12, 2014 7:49am

140 Views

Post# 22198846

RE:RE:HNU going up?

It looks like HNU will open again with a gap up.

Shorts will be butchered tomorrow morning at 10h30.
It will be ugly...

They took the natgas price much too low and will create many more
shorts on the way up.

AECO settled at 7$/GJ yesterday. Don't count on canadian Natgas to replenish
US depleting inventories. There's none available under 5$.
Not a single NarGas rig added year/year. Producers won't create new production as long as
Futures strip trades under 5$. There's simply no money to be made selling at 4$.

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