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Bullboard - Stock Discussion Forum
BetaPro S&P/TSX 60 Daily Inverse ETF
T.HIX
HIX seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to one times 100 Percentage the inverse opposite of the daily performance of the S&P/TSX 60 Index the Underlying Index, Bloomberg ticker TX60AR. The Fund If HIX is successful in meeting its investment objective, its net asset value should gain...
approximately as much on a given day, on a percentage basis, as any decrease in the S&P/TSX 60 Index when this Underlying Index declines on that given day. Conversely, HIXs net asset value should lose approximately as much on a given day, on a percentage basis, as any increase in the S&P/TSX 60 Index when this Underlying Index rises on that given day. HIX takes positions in financial instruments that, in combination, should have similar daily return characteristics as one times 100 Percentage the inverse opposite of the S&P/TSX 60 Index.
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TSX:HIX - Post Discussion
BetaPro S&P/TSX 60 Daily Inverse ETF
> You Know It's Bad When...
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bull_runz
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Post by
bull_runz
on Feb 15, 2024 6:30pm
You Know It's Bad When...
even Canadian Tire cannot make money leading-up to the holidays :(
https://www.theglobeandmail.com/business/article-canadian-tires-profit-falls-nearly-68-as-consumers-remain-wary-amid/
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westshore
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Comment by
westshore
on Feb 16, 2024 1:53am
WOW-Eye opener for sure.68% is huge! It is relective in the markets as well- especially small caps. Slowest illiquid market I have seen in 30 yrs! Not good-hope it picks up soon. Glta Happy trading.
(312)
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bull_runz
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Comment by
bull_runz
on Feb 16, 2024 9:34am
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