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

BetaPro Natural Gas Inverse Lever Daily Bear ETF

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Comment by huntingmanon Jul 22, 2014 5:21pm

155 Views

Post# 22771405

RE:RE:RE:In deep

If NG can fall 20 cents one day, NG also can rise 30 cents one day.

The funds want to press the NG price, then they can buy more cheaper options,

Their real target is to rise options in futures for more profits.

So that the lower price is temporary .

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