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Bullboard - Stock Discussion Forum
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.
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Bullboard (TSX:HNU)
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(58)
•••
Realdude
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Comment by
Realdude
on Nov 29, 2024 4:24pm
RE:Notice how this now trades 2x
It's already eroding value post spilt-- traded 1:1. Brutal. Nat gas up around 5% and so is Hnu, instead of 10%.
(60)
•••
marcrobert
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Comment by
marcrobert
on Nov 29, 2024 12:33pm
RE:RE:Reverse split rounding errors
my broker put it as us stock, same shares and cost. lol hopefully solved on monday. As far as the reverse split. doesn't look too bad so far. GL
(39)
•••
deepblue
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Post by
deepblue
on Nov 29, 2024 12:27pm
Notice how this now trades 2x
after the split. Go HNU.
(9)
•••
Naveed23
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Comment by
Naveed23
on Nov 28, 2024 2:39pm
RE:Reverse split rounding errors
Same for me as well. I will be opening up a ticket.
(84)
•••
WinterBaron
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Comment by
WinterBaron
on Nov 28, 2024 11:21am
RE:Reverse split rounding errors
Same issue for me.
(3)
•••
robbyrob
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Post by
robbyrob
on Nov 28, 2024 11:17am
Reverse split rounding errors
Just a heads up to double check if your brokerage calculated correctly because questrade rounded down on 2 of my accounts when they should have rounded up according to what was announced in the press
...more
•••
Jonathon Brown
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Post by
Jonathon Brown
on Nov 28, 2024 5:55am
Buzz on the Bullboards: Stocks to watch in volatile times.
The TSX hit another record high on strong retail sales data and positive investor sentiment. However, the index quickly fell from grace.
read article.
(58)
•••
Realdude
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Post by
Realdude
on Nov 27, 2024 4:45pm
Hnu experience
I've just had this on my radar for all those years for 2 reasons. 25 years ago (roughly) leveraged etfs were new and good products to get torque. And I've just kept on my radar looking for
...more
(84)
•••
WinterBaron
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Comment by
WinterBaron
on Nov 27, 2024 3:42pm
RE:RE:RE:RE:Gap up tomorrow
No doubt some agree with your assessment. Have to wonder why you have stayed with this for 25 years in light of the bad experiences. As for me, what can I say other than; I hope for and
...more
(20)
•••
TheeRook
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Comment by
TheeRook
on Nov 26, 2024 8:56pm
RE:RE:RE:RE:Price manipulation
Sorry HNU is rolling over to Feb contracts. As of NOV 8, HNU was 75% Jan and 25% Dec. Top Holdings As at November 8, 2024 Security Name
...more
(20)
•••
TheeRook
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Comment by
TheeRook
on Nov 26, 2024 8:50pm
RE:RE:RE:Price manipulation
Yes, the next roll starts Dec 1, schedule over 7 days, Jan contract.. Dec contacts expired today Dec 26 2024. UNG does its roll over 6 days, over different days. HENRY HUB
...more
(60)
•••
marcrobert
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Comment by
marcrobert
on Nov 26, 2024 3:16pm
RE:RE:RE:RE:RE:Gap up tomorrow
partly optics, also a larger number (share price) has more air under it, more room to fall (shorters like that). However the last 3 splits i see no evidence of a split related damage. the last one in
...more
(39)
•••
deepblue
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Comment by
deepblue
on Nov 26, 2024 1:26pm
RE:RE:RE:RE:Gap up tomorrow
Why would the sp go down if natty continues to go up? As I and WinterBaron have noted on this board the value is not affected by the consolidation.
(2)
•••
oceaneleven
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Comment by
oceaneleven
on Nov 26, 2024 11:20am
RE:RE:RE:Gap up tomorrow
Protect your money deepblue.. their hgu etf plunged even when gold was running up due to consolidation
(58)
•••
Realdude
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Comment by
Realdude
on Nov 25, 2024 4:26pm
RE:RE:RE:Gap up tomorrow
i wish what you guys are saying is true. i have been trading this for almost 25 years, pretty much since inception and learned the hard way regarding the fine print of this financial instrument. Hnu
...more
(84)
•••
WinterBaron
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Comment by
WinterBaron
on Nov 25, 2024 2:48pm
RE:RE:Gap up tomorrow
Value doesn't change with a consolidation/reverse split realdude. What does often happen is that a whole new set of traders step on to the floor and it is common to see a new range of share price
...more
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