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

BetaPro Natural Gas Leveraged Daily Bull ETF

Bullboard Posts

Post by Barolo12on Feb 21, 2017 2:16pm

108 Views

Post# 25873008

NG direction

The question now is where will NG inventory sit when we move into spring and summer storage accumulation. If we end up close to the five year average and the summer forecasts come in hotter than normal the price will go up. If we start above the 5 year average and low cooling demand NG could head much lower. Tough call right now but the trend is definitely down. We could see a small bounce back in price tomorrow but I don't see much upside in either U or D right now so am sitting on the sidelines.

Bullboard Posts

Morning Market Outlook for Nov. 14, 2024