Description

The HNU exchange-traded fund is designed to generate daily investment returns that, before factoring in various charges such as fees, expenses, distributions, and trading commissions, closely track twice (200%) the daily fluctuations of the BetaPro Natural Gas Rolling Futures Index. It is important to note that HNU's investment objective is strictly focused on a single trading day and is not meant to be achieved over any longer period. This ETF's value is reported in Canadian dollars. Under typical market conditions, the fund's management aims to keep HNU's leverage ratio as near to 200% as practically possible. However, the manager holds the sole discretion to modify this leverage ratio, depending on the current state of the natural gas futures market and ongoing negotiations with the ETF's associated counterparties.