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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

Post by manxcanon May 14, 2018 10:32pm
46 Views
Post# 28030325

Month over Month

Month over MonthBack to April 26 Dgaz low at $25.32, we close today $25.28 off a low 25.08. I prefer here to focus report to report as April was on withdraw. Now we have low storage and potential high injections.

I agree with Mayor, we do not know when a breakout occurs where we have been rangebound. We do not know when temps will rise to create an inevitable U price jump. We have an upcoming report which may top 110 injection. If that occurs more can follow. 

For now as we reach month low on Dgaz a high injection will likely move Dgaz back to middle of rangebound $25 to $31, so Dgaz $28 would be target. Thereafter all depends on weather.

Glta Cheers Manxcan
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