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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 Ranger56on Nov 06, 2014 6:28pm
395 Views
Post# 23104341

RE:Is the gas rally going to far?

RE:Is the gas rally going to far?greenhawk -- good post.. this report captures it perfectly. This is going to really frustrate the NG bulls, as they continue to see more builds even with colder weather as supply is so strong right now. You are going to need some really cold weather for a sustained period to get a meaningfull draw. The NG bulls may have entered too early. Best to wait for it, and see a meaningfull draw supported by really cold weather forecasts. A few days a of cold blast around freezing or a little below is not enough to cause a draw.
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