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BetaPro Crude Oil Inverse Leveraged Daily Bear ETF T.HOD

Alternate Symbol(s):  HBTPF

ng of shareholders on July 2, 2020 (see Recent Developments). HOD's investment objective, which became effective at the close of business on July 9, 2020, is to seek daily investment resHOD's investment objective was changed after gaining approval at a meetiults, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times (200%) the inverse (opposite) of the daily performance of the Horizons Crude Oil Rolling Futures Index (the Underlying Index, Bloomberg ticker: CMDYCLER). HOD is denominated in Canadian dollars. Any U.S. dollar gains or losses as a result of the ETFs investment are hedged back to the Canadian dollar to the best of its ability. In order to achieve this objective, the total underlying notional value of these instruments and/or securities will typically not exceed two times the total assets of the ETF. As such, HOD employs absolute leverage.


TSX:HOD - Post by User

Comment by baobaowenwenon Nov 11, 2008 7:12pm
216 Views
Post# 15579497

OIL 40 ?

OIL 40 ?

yes, short term we might see a bounce within 50-60 range.

but if you look for long term investment  this is the place to be.

imo even 40 is achievable. hold since 21.89.

take a look around.  lay off grow up everyday everwhere.  retail stores are cutting staff hours in holiday season.

people need job. only stable low price oil can make it happen.

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