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.

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BetaPro Natural Gas Leveraged Daily Bull ETF

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Post by 1crisisatatimeon Feb 07, 2017 11:38am

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Post# 25810277

Short Oil or Nat Gas???

Based on 3 mos pricing there is more upside potential to oil than NG imo. Oil priced @ 44.80 on Nov 7/16 which is $7.25 off todays price or about 13.9% which equates to about 28% return on ETF. NG on the other hand was $2.80 on Nov 7/16 and that's .33 below today's futures @ 3.13! Therefore NG will fall 9.48% which translates to about 19% ETF! There is about 9% more profit in shorting oil than NG, assuming we return to Nov/16 pricing in both areas.

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