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 Drainmancomethon Aug 14, 2009 4:55pm

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Post# 16220548

RE: RE: RE: RE: RE: holding HOD overnight

I'm still all in and not selling for a while. My order is in for 15.50 and it might take a few weeks to get there. But I think this could go much higher than that. Oil will hit $50 again this fall and I expect it could shock to the down side beyond what seems believable right now! (the rest of the markets will be a real mess too)

... have a nice weekend ;)

Drainman

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