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.

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BetaPro Natural Gas Leveraged Daily Bull ETF

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Post by dooklaron Apr 26, 2024 1:38pm

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Post# 36009853

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Sector Update: Energy Stocks Decline Pre-Bell Friday

Apr 26, 202407:21 MDT

Energy stocks were declining pre-bell Friday with the Energy Select Sector SPDR Fund XLE 0.6% lower recently.

The United States Oil Fund USO was 0.7% higher and the United States Natural Gas Fund UNG was down 2.4%.

Front-month US West Texas Intermediate crude oil was up 0.7% at $84.17 per barrel at the New York Mercantile Exchange. Global benchmark North Sea crude oil gained 0.7% to $89.59 per barrel, and natural gas futures were down 3.2% at $1.92 per 1 million British Thermal Units.

Phillips 66 PSX shares fell by over 4% after the company reported Q1 adjusted earnings of $1.90 per share, down from $4.21 a year earlier.

Exxon Mobil XOM shares were down 2% after the company reported lower Q1 non-GAAP earnings and revenue.