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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 smoothedgeon Feb 20, 2015 3:29pm
93 Views
Post# 23449434

RE:RE:RE:Deputy Mayor Today

RE:RE:RE:Deputy Mayor TodayU is still the trade but i'm not willing to chance that over the weekend. I'll wait and see what Monday looks like . If i'm too late to the table so be it there will be other opportunities. I'm not thinking any D plays for the next 2 weeks although if on Thursday it looks like U is just way overpriced i might consider a D move.

What i'm concerned about going into the report on Thursday is that even if the draw is large it may not boost the price of NG. That's face it it is a known fact that the next 2 draws will be large and possibly a third.  At least that is the minium expectation. 2 or 3 high draws are not going to change the final outcome. Right now D holds the cards and if U slips in any way from here to then it will be severely punished. 
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