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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 > Rising with the oil future price of September
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Comment by Mat1791on Apr 28, 2020 10:21am
159 Views
Post# 30961521

RE:RE:RE:Rising with the oil future price of September

RE:RE:RE:Rising with the oil future price of September
FrankJones wrote: All future oil price are increasing after June today , so it should rise today


Frank, it seems hard for you to understand, how many of Horizon's news releases have you read??  

Why do you continue to think the current trading price of HOU is tracking oil at all??  The NAV is tracking the price of oil not the current trading value....

HOU's trading value is  moving on supply (buying) or demand (selling) plain and simple.

The NAV is the true price of HOU and at some point this will correct, forced or not...

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