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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 edxon Mar 13, 2014 12:12pm
107 Views
Post# 22318260

RE:UNBELieVABLE!!

RE:UNBELieVABLE!!
YupnDump wrote: storage at 2009 levels. yet NG way below 2009 prices!!???


Yeah it looks like sentiment is really down. I don't know how low that storage report has to go before prices reflect consumers having to replenish inventories. 600 Bcf? 400 Bcf? Either way, I won't take a long position on HND until storage levels start rising, but it's probably not a bad bet.
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