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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

BetaPro Natural Gas Leveraged Daily Bull ETF
Bullboard Posts
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Post by tjw4on Jun 05, 2017 7:08am
61 Views
Post# 26323348

QATAR

QATARWorlds largest LNG producer...

This could go either way.

The up case: Qatar gas distribution is lowered and thus prices go up as USA wants a higher price as they will fill the void.

OR

One of the main reasons gas was going down already was because this was a pre-emptive move and lower prices are meant to hurt QATAR much like lower gas is to hurt Russia, Iran.

I could be convinced on either.

FWIW. Spot prices have not changed since the announcement.
Bullboard Posts
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