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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 trader009on May 11, 2015 3:46pm
39 Views
Post# 23716384

RE:RE:RE:RE:Quick 5% on HND....DGAZ....

RE:RE:RE:RE:Quick 5% on HND....DGAZ....

If the $2.85 level on the July contract doesn't hold I would expect pullback to $2.80 and will re-evaluate at that time....

HNU is transitioning to tracking near 100% July futures contract....Timing is crucial on roll and the expiration....expecially during the shoulder season....

I was hard pressed to not sell my position as I expect July NG to fall further 5% before any major move higher.....but NG is so difficult to play..... 

Should the short term weather pattern/forecast call for increased heat I would imagine we see push to $3 after the report.....
Day by Day....

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