Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 YetAnother1on Apr 27, 2020 10:52am
113 Views
Post# 30957362

RE:RE:Counterparties

RE:RE:Counterparties
MrMoMnyMgr1995 wrote:
YetAnother1 wrote: ...
"it is the Manager's view that, if the current July 2020 or August 2020 crude oil future contracts were to settle on any day below $10 USD, then the risk of termination of the forward agreements by the counterparties would increase substantially.
...

IMO the counterparties are not waiting for a breach of $10. They will terminate the forward agreements well before that.


This will me a money market fund at NAV soon...



Probably a safe bet!

<< Previous
Bullboard Posts
Next >>