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

Bullboard Posts

Comment by Chris_torontoon Sep 23, 2019 10:27am

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Post# 30154590

RE:Aramco’s Repairs Could Take Months Longer Than Expected

I think oil prices rise in the short term as immediate Saudi inventories are consumed in the coming days.

Sold my HOD on this morning's small pop which I attribute to anticipation of soothing UN general assembly speeches.

After that inventory depletion fundamentals will take over and prices could spend October firmer.

2020 still looks bad for oil prices. When Saudis are back they will be back pumping at full capacity, and there is a lot of excess capacity around the world starting with Iran.

Bullboard Posts

A junior copper-gold stock trading at a bargain of monumental proportions