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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 > New subscriptions , higher oil
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Comment by flyboy27on May 04, 2020 9:35pm
186 Views
Post# 30986142

RE:RE:RE:New subscriptions , higher oil

RE:RE:RE:New subscriptions , higher oil
Terry789 wrote: Don't think you want the leverage in volatile times. It works against you. If oil drops by 50% then leveraging completely wipes out your value and HOU would go to $0. A 50% drop is a very real risk in today's markets.



 Bro..  I hear what your saying, But I have been on this ride many times before....

I bought the fund as 2X lever    we all know what happen a couple weeks ago..
Now we should get the same chance to make up the loss.....
GL
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