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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

BetaPro Natural Gas Leveraged Daily Bull ETF
Bullboard Posts
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(4)
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Comment by touaregon Nov 19, 2014 7:08am
281 Views
Post# 23142835

RE:RE:RE:RE:RE:RE:RE:NG to $30 this winter?

RE:RE:RE:RE:RE:RE:RE:NG to $30 this winter?Yes Mayor.. and as with all ETFs it suffers from "Contango" and MER..
The post about $30K was tongue in cheek.. If you look at long term charts of ETFs it doesn't matter if they are U or D they all go down down down..
HNU MER is 1.38%
Some say never hold an ETF for more than a couple of days.
They are trading vehicles period.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities