Oh I see ... Junior's first ? That's first in regard to HNU which is a double long and they have issues with the futures used to given them the 2xooooomph which degrades their performance over the longer term.. an unleveraged fund would be fine.. I like the 2X for short term trading.. Volatility hurts their performance..
I'd be looking of course at things like Encana and TLM before buying juniors.. I kinda like TLM for their shale plays they got into before NG crashed..
Also I'd basket my juniors... I do not think I'd have the stomach to go hard at just a few juniors like I did with the fertiliser stocks..