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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 Moneyloopon Apr 06, 2024 3:32pm
123 Views
Post# 35974997

Roll over futures !

Roll over futures !So the front month roll over future contract for may is ending on monday.
Good chance , it will have a red day or a flat day,because it traded flat on friday. 
That's my prediction !  

For whom don't know what I'm talking about, my advice is , don't trade these ETF'S until you learn the basics .....  

That is why wednesday HNU went green,it was the result of short covering and ,thursday was the 1st day of the front month that resulted in a red trading day , due to the oversupply situation.



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