9.29
+0.235(+2.60%)
Currency In CAD
Address
United States of America
Phone
N/A
Website
N/A
Sector
Financial Services
Industry
Asset Management - Leveraged
Employees
N/A
First IPO Date
January 16, 2008
The fund aims to provide 2x inverse the daily returns of an index that holds futures contracts on natural gas. The fund`s underlying index, the Horizons Natural Gas Rolling Futures Index, provides exposure to the performance of front month natural gas futures contracts. HND is a leveraged product that resets daily. As such, this is not a buy-and-hold ETF, it is best designed for short-term tactical trading purposes. Returns can vary significantly from 2x exposure to its underlying index if holding shares of HND longer than a day.