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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 bullcharton Aug 26, 2016 12:49pm
106 Views
Post# 25180827

RE:RE:RE:D Entry

RE:RE:RE:D EntryI was suspicious as these horizons like to keep the D and U about the same price. When either gets down to below 3, they do a split so they match again. The U has pretty well caught up to the D on horizon but I would be very surprised if the HNU crosses over the HND at this point. Later probably but not just yet. I recall how bearish everyone was on the D jun 27 and Jul 25. Worked out then and will here on this move. Been waiting for the NG sector rotation. Watching a bit of rotation out of the pm's and it appears so far some money is moving into this area. Lower lows on D and higher  highs on U are still in place after nearly 2 weeks. I had the 12.36 on the U 3 days ago as a possibility. Guess I should had paid attention to my 3 month candles. 
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