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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 mikerosoft666on Feb 04, 2009 1:58pm
187 Views
Post# 15751890

RE: RE: RE: RE: RE: RE: RE: RE: Inventories + over

RE: RE: RE: RE: RE: RE: RE: RE: Inventories + over
Livenlearn...

You aren't alone.  I dumped 2000 HOU at $7.65 this morning...  but the pattern doesn't look like traders are abandoning the oil ship.  I can't really make a strong case for higher POO but the behaviour makes me think along your lines.

Definitely not trying to be a smart-*a*ss either,  just can't believe that POO wouldn't be $33 right now if the traders didn't know something different than what we do...

Will be interesting to see what happens after 2:30...  seems to be something weird or counter-trend from 1:30 to 2:30 every day
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