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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 > ~3 year performance from $9.73 to $1.01????
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Post by PabloLafortuneon May 15, 2023 1:27pm
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Post# 35448641

~3 year performance from $9.73 to $1.01????

~3 year performance from $9.73 to $1.01????So I'm looking at this thing and the price was $9.73 ~3 years ago (June 1) and now its basically $1.01 (after the 15:1 split on February 17). Is that right? 

in comparison  UNG (which is not leveraged) was $10.26 ~ 3 years ago and is now $6.86. 

Is that even possible???

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