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BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s):  HNUZD

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

Post by bullcharton Aug 23, 2016 2:25pm
109 Views
Post# 25168718

Very nice for U holders

Very nice for U holdersBut we know these can turn on a dime. Just watching my 9 day up and down channals on D and U. If this D keeps this down, we can easily be back to our 15 day low. That would be about 6.30 and 12.80 for the D's. 5 day rise on the D has resulted possibility 10 day down as NG heads toward that 2.75-2.80 area.  Putting a small order in for D here into the close and will part with a few U's before close. Won't be surprised if we see another gap down in the D tomorrow if this closes weak. 
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