Horizons Natural Gas ETF [HUN.TO] Stock Forecast

The fund tracks an index that exclusively invests in January natural gas futures contracts rolled once per year in November. Daily settlement of the contracts are based on the futures contracts that trade on the Chicago Mercantile Exchange, settlment is calculated at 2:30 pm (EST). After settlement, shares of HUN may trade higher or lower than the settlment price due to the difference in the close of trading times. The fund rolls its natural gas contracts every November during the 10th to the 17th trading day of the month in increments of 12.5% per day. Contracts are rolled from the second month of January to the 14th month of the next January contract. After the end of the roll period, the next active contract becomes the active contract. The fund is denominated in CAD and any USD gains or losses are hedged back to the CAD.