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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 Drainmancomethon Jul 28, 2009 12:50pm
206 Views
Post# 16172081

RE: I have a lot of puts and shorts

RE: I have a lot of puts and shortsI hear ya on the short capitulation. I have been tempted too but am still holding HOD. 

I think once the masses have finally bought into the recovery story the big investment houses will short everything. I don't know when this will be but it could happen anytime. John Doe will take it on the chin once again. Curses on those addle -headed financial advisors that put their clients at undue risk in these times, based upon whatever the Wall Street Journal has to say (or GS forecastors).

Thanks for sharing Tgarfieid. I appreciate your big picture observations & deductions.

Drainman


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