Horizons ETFs Management (Canada) Inc - BetaPro S&P 500 VIX Short-Term Futures Daily Inverse ETF Class A BTTPF

Only Velocity Shares Effected

[RichyRich$]

It looks like only Velocity Shares are effected by Credit Suisse. ProShared website says their version of HVI will continue trading like normal later today. We should be alright. Horizons has a different backer for their ETF's. But I'm pissed we missed the huge drop in VIX this morning. We should all have made money. Hopefully the VIX continues trending down from here on.

[YupnDump]

what is backing of Horizons HVU and HVI??? what does the prospectives read?? hope its not Cr Suisse!!!

[jicoop]

for HVI .. Open-ended mutual fund trust which intends to provide investment results which correspond to the inverse of the performance of the S&P 500 VIX Short-Term Futures Index™. The proceeds of the initial offering of units have been invested in a Canadian equity portfolio which is the subject of a forward contract with a Canadian chartered bank or its affiliate such that the price payable