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BetaPro Crude Oil Leveraged Daily Bull ETF T.HOU

Alternate Symbol(s):  HZOZF | HROZF

HOU¿s investment objective is to seek daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times (200%) the daily performance of the Horizons Crude Oil Rolling Futures Index. HOU is denominated in Canadian dollars.


TSX:HOU - Post by User

Post by Markuson Apr 21, 2020 1:40pm
266 Views
Post# 30935001

Reason why its going up

Reason why its going upFirst of all you need to understand this is tracking 2x the percent change of crude oil.

Second, the scale. You can only go from -100% to +infinite, in any given stock move

When oil trades at -60%, you cannot have -120% on HOD otherwise you get a negative fund value. Hence it is left to buyers and sellers to determine the value of the fund. 


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