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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 Mat1791on Apr 23, 2020 2:11pm
102 Views
Post# 30945875

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:**Scorecard**

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:**Scorecard**
RazorInvestor01 wrote:
Mat1791 wrote:
RazorInvestor01 wrote: Thank you! I'm glad I got out - a big piece of news to miss!

Also pretty annoying, they effectly let everyone take the downward loss at 2x, but half the upward gain once things re-balance.


Very annoying indeed. But in the end it saved the etf and for those that were in, a god send. For those like me who lost and were hoping to re-enter, suck-a-doodles...


Great perspective, and yes it saved the ETF - I, like you, am one of those who lost and am hoping to re-enter when NAV gets closer to the SP. I see this as the purest play to invest in the commodity, and feel like it has decent medium term potential, especially if things start up again sooner rather than later. 


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