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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 Mar 26, 2015 10:41pm
70 Views
Post# 23567125

RE:RE:RE:RE:RE:RE:RE:RE:Thinking of playing report

RE:RE:RE:RE:RE:RE:RE:RE:Thinking of playing reportNot to be argumentative because many know way more than i do here . I'm working on the finer points so i can find my way around the block with greater success. I would absolutely agree with you 2cheaky if +8 was the expected report. If that is the case then i had misinformation too work with which is very disappointing . 

This is direct from the " Binary Tribune " which i've never had an issue with when it comes to the oncoming inventoty report #'s . I got too say  one thing i certainly do not depend on is their reporting of the weather . Their weather report is like garbage in garbage out. 

" The Energy Information Administration is expected to report at 14:30 GMT that US natural gas stockpiles rose by around 20 bcf in the week ended March 20th as most of the US enjoyed seasonal and warmer weather last week, while a cold blast across the Northeast had a limited reach. The five-year average withdrawal is 19 billion cubic feet, while the year-ago storage drop was -56 bcf. "

2cheaky I went with their 20 bcf as gospel and took the inverse trade at UGAZ $2.40.  Not a terrible situation but i now know if you are correct i may feel a little more overnight disappointment ? 




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