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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
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Post by dooklaron Apr 19, 2024 9:13am
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Post# 35997729

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.European Natural Gas Futures Volatile amid Middle East Tensions
Apr 19, 202404:15 MDT
European natural gas futures fell to €31.5/MWh on Friday, after rising to as high as €33.8 due to heightened geopolitical tensions in the Middle East. Israel's recent strike on Iran has raised concerns about a potential conflict in the region.
 
The operation, carried out in the early hours of Friday morning local time, reportedly targeted the Isfahan airport, leading to flight suspensions in several Iranian cities.
 
However, conflicting reports have emerged regarding the extent of the damage caused by the strike.
 
Natural gas prices are still more than 2% higher amidst increased demand in Japan, supply disruptions in the United States, and pipeline issues in Norway
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