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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

Post by greenhawkon Sep 20, 2014 11:23am
291 Views
Post# 22955193

Hou on?

Hou on?Mayor how's your COT reading now? Are we about to see a turn?
Depite all the fireworks this week oil was not down very much at all.

Money Managers Dial Up Bullish Oil Bets -- Market Talk

Published: Sep 19, 2014

Speculators added fresh wagers on rising crude-oil prices in the week ended Tuesday, according to CFTC data. Hedge funds, pension funds and others added 10,160 new bets on rising prices and slashed 6,876 bets on falling prices. Their net-long position rose 9.1% to 203,648, the highest such position since August 12. Nymex oil prices rose 2.3% in the reporting week after OPEC's secretary-general suggested the group could cut its oil-production target in November. (nicole.friedman@wsj.com; @NicoleFriedman)

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