Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 inves20on Mar 01, 2016 5:25pm
84 Views
Post# 24610713

RE:Oh how those 1 stars hurt, oh the pain !

RE:Oh how those 1 stars hurt, oh the pain !what are you talking about TenthDay ?
There is no maintenance schedule on anything, especially Nat Gas electric stations. I think you are confusing maybe Nuclear power stations that do a little bit of down time in the shoulder seasons. It would have the opposite effect on NG price, from the way it has moved.
Anyways there is a lot of Solar and Wind out there that was built when NG was higher priced and they are not going to take these alternatives off the grid.
So NG really has no where to go with such a glut but way down. The only way you will see $2 is if the weather maps start predicting 90 days out for heat waves. All I see is cooler south eastern USA 90 days out. And staying warmer than normal in the northern states.
The storage looks like it will end withdrawl season at a record level and the utilities are going to have very little early summer incentive to do much injection, they will wait a bit and buy cheaper future months when they need a little bit above their normal supply contracts.
IMHO NG futures have a lot further to fall since there will be no utility buyers for April NG or May NG.
Bullboard Posts