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BetaPro Natural Gas Inverse Lever Daily Bear ETF T.HND

Alternate Symbol(s):  HBNNF

HND's investment objective was changed after gaining approval at a meeting of shareholders on August 20, 2020 and the name of the ETF was changed to the BetaPro Natural Gas Inverse Leveraged Daily Bear ETF. HNDs new investment objective, which became effective at the close of business on August 27, 2020, 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%) the inverse (opposite) of the daily performance of the Horizons Natural Gas Rolling Futures Index (the Underlying Index, Bloomberg ticker: CMDYNGER). HND is denominated in Canadian dollars. Any U.S. dollar gains or losses as a result of the ETFs investment are hedged back to the Canadian dollar to the best of its ability.


TSX:HND - Post by User

Post by 2cheakyon Jul 11, 2014 2:14am
151 Views
Post# 22735588

some random info

some random infoso just running some stats and I found average withdrawals over heating season are around 2000 bcf, they have been as low as 1400 bcf so if we hit around 3400 bcf storage which seems to be the EIA target then we should be safe for a cosy winter, although previous years have filled storage to around 3800 this would be insurance against harsh winters like the one  past to make sure we dont runout of gas
with this in mind and no decent heat in sight, HND will continue to be the play over the next few weeks with visual to sub $10 HNU entry, but as withdrawal season approaches and the first sign of a cold snap and fear will set in, so $20 HNU will again be on the table
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