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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

Comment by ufoolmeon Apr 23, 2020 10:11am
141 Views
Post# 30944076

RE:What does the consolodation mean

RE:What does the consolodation meanIt means that if you had 1000 units of HOU before the consolidation, you will have 50 units after the consolidation.  Ignoring any daily price change, the value of your 50 units will be worth 20 times what the value of your 1000 units were worth.  So no difference in your share value, just gets it out of the low dollar range so as not to be delisted.

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