Buy Foreign Gas ETFs Over U.S. Funds

buycanadianBloomberg is reporting that the Jefferies Group Inc. is encouraging investors to look to Canadian and London based natural gas ETFs as opposed to US funds. Bloomberg quotes Jafferies as saying, ““The ETFS Natural Gas Fund in London and the Horizons BetaPro Natural gas ETF in Canada both trade at more attractive levels” All four funds, which track U.S. natural gas, have had an increase in volume this year.

The funds noted are: (HNU:CN) Horizons BetaPro NYMEX Natural Gas Bull Plus ETF, and (NGAS:LN) ETFS Natural Gas

For the full Bloomberg Story click: HERE

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