Description

HNU seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times (200%) the daily performance of the BetaPro Natural Gas Rolling Futures Index. HNU does not seek to achieve its stated investment objective over a period of time greater than one day. HNU is denominated in Canadian dollars. The Manager anticipates, under normal market conditions, managing the leverage ratio to be as close to two times (200%) as practicable for HNU. However, the Manager may, at its sole discretion, change the leverage ratio based on the current market conditions for natural gas futures contracts and negotiations with the ETF’s counterparties at that time.