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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 touaregon Dec 23, 2014 11:14am
292 Views
Post# 23259576

RE:Rebuying U

RE:Rebuying UDuring the winter of 2011-12 the US had it's 4th warmest on record.. That was the last time the NG price dipped below $3.. and then $2.50 in Jan and $2 by March.. that's a 33% drop from where we are now so correct me if I'm wrong but that would translate as a 66% drop in HNU.. (I think that is wrong because percentages change as the price changes) but even if it equates to say 50% or 40% it's still a BIG slide.. just worth considering as who knows what the weather will bring?.. I'm still nibbling at this level though because I believe the chances of a Jan spike have to be pretty good.. a nice little PV in January would do just fine!
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