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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 Barolo12on Dec 31, 2015 11:14am
44 Views
Post# 24421753

RE:RE:RE:RE:AS Written Monday

RE:RE:RE:RE:AS Written MondayGiven the warm weather in the US NE to the end of last week a draw of 58 bcf was above projections and so ends up being bullish for NG prices.  That along with a cold forecast for early to mid January means that NG probably has some upside left.  The markets tend to overshoot in both directions so I think we could see February NG test $2.50 next week if the weather forecast cooperates.  I plan to seel my HNU this afternoon for a tidy profit and then wait to see what the weather looks like on Monday before deciding if I will head back into U or into D.  Always remember these are not long term hold investments.
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