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 mikerosoft666on Jun 02, 2009 12:52pm

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Post# 16036823

RE: China

Heh Kerb - how's it going ?

Here's my thoughts. When the talking heads are ALL ON BOARD saying prices will be higher, it's just about done. When they are ALL on board saying it will still go lower, it's about to rally. That's my view from 100 yards away from the picture. It seems that the preachers are always leading the choir at the end of the cycle because they don't want to look stupid. Problem is that they don't know anymore than we do - or even the traders who are all spinning their wheel of fortune variables when they try to decide the price of commodities.

It would really be interesting to talk to the guys who are REALLY buying the actual STUFF. Are they really that skitterish in the volatility reflection ???

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