BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s): HNUZD

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

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Comment by GingerEnergy111on Dec 14, 2018 3:21pm

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Post# 29117640

RE:Bought UGAZ @ 95.9.... for weekend HOLD

I'm in HNU for the weekend, although it feels risky given this last/continued ride down for NG.

Who knew that we would get this far in a day when only yesterday we were solidly around $4.10?

I think we should be able to rally back above $4, perhaps to the last resistance level at $4.08 then back to D would be the move for me.

Weather is supposed to be cold early next week, looking to see some buying of NG then and have this play out with at least a 5% upside which nets out to 10% or so with HND.

If we are all wrong, and NG is coasting in for a landing, we are going to be coughing up some of our recent gains.....BUT we don't want to reverse course too early and then get hit when NG gains some buyers. I think patience - again - is needed.

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