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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 inves20on Dec 22, 2016 2:29pm
85 Views
Post# 25636600

RE:Fridays play

RE:Fridays playSpeculator traders will be taking off early, so yes possible gap down since today was filling the early week gap down. there are utilities out there supporting the price with their demand for jan NG. But they will have gotten over their need to buy that just incase supply instead of worrying what the boss will say if they didn't do it today and don't want to come back to the office after the holidays to an angry boss because of a weather forecast change.
Doubt that there will be a forecast change as the 1 to 15 day trend charts are showing solid above average for the entire east portion of the continent.
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