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.

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BetaPro Crude Oil Inverse Leveraged Daily Bear ETF

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Comment by tradehappyon Mar 15, 2009 12:40pm

332 Views

Post# 15845588

RE: Hope and Advice

Interesting. I had inquired about shorting ETFs with CIBC a month or so back and they said no problem. That being said, I have not actually tried shorting an ETF. I did an analysis about the benefits of shorting the opposite ETF vs buying the ETF that you think will move up. It works better in the long term because of erosion. Click here to see the post.

My average in HOD is about $25.70. You never know what to expect on Monday. So I have a little bit of room on this. $40 oil would be great :)

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