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BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s):  HNUZD

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 Apr 16, 2014 2:07pm
107 Views
Post# 22459458

RE:RE:RE:RE:HGU / JNUG play?

RE:RE:RE:RE:HGU / JNUG play?
MayorRobFord wrote:
You betcha. Maybe just a day trade for JNUG.


If you're looking to trade gold, I'd suggest starting to watch DGC (Detour) and PVG (Pretium). I used to trade HNU/HND and I still do, usually when I'm trading intra-day. But when I'm playing swings I tend to go long/short these two companies instead. Reason? These stocks "over-react" on gold futures moves much more than HNU/HND, even considering that HNU/HND are leveraged 2:1. You need to watch them relative to gold futures for a while before you execute any trades against them though. They may not move the way the rest of the sector is precisely because of prior overreactions. And the risk of trading individual securities means you do need to keep tabs on any upcoming news more than you would if you were trading HNU/HND.
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