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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 stockabcdeon Mar 17, 2009 7:34am
243 Views
Post# 15848755

RE: I just got in but...

RE: I just got in but...April Crude followed US stocks futures spike to high of 48.02 this morning and settled back a bit once stocks futures retraced back to last night AH level..looks like Crude direction is following stock market and has a slight bullish tone of its own.  Nonetheless I am watching if Dow will retrace further since they are pumping C and AIG pre market...Nasdaq is the weakest link here,, btw ENER got sold off yesterday AH...it may affect other solar stocks today.
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