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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

BetaPro Crude Oil Leveraged Daily Bull ETF > From the HOU ETF website..
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Comment by Mat1791on Apr 22, 2020 1:05pm
113 Views
Post# 30939957

RE:From the HOU ETF website..

RE:From the HOU ETF website..
NorthBayStreet wrote:

Nav/Unit: $0.37140

Price: $2.32

Premium Discount: $1.95

Premium Discount Percentage: 524.66%

Outstanding Shares: 44,603,690

as at April 21, 2020


If there are 44.6 million shares outstanding, does that mean the ETF itself is worth 16.5 million dollars?


100% and the 16.5 million is going to buy a lot less futures contracts priced at $20.85 at 2:30!

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