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 stockabcdeon Apr 01, 2009 6:41pm

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Post# 15889487

RE: Oil still gaining in Globex

I wouldn't worry about it, remember two days ago, it was trading at near 50 at around 8:30am but by 9:30 it was at or near 48.50. Now back to technicals...as long as it doesn't break back above 50, you should be ok...48 is support and too bad it didn't close below it...now 48-50 range trade or break below 48, then 47.35 and go for 200DMA at around 45? Your pick.

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