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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

Post by Mat1791on Jun 10, 2020 11:57am
285 Views
Post# 31133685

New Posters/Investors To HOU

New Posters/Investors To HOUHOU is a complicated product.  Not suitable for most retail investors.

Most think it is similar to a financial stock and therefore should act like one, it's not.

HOU is a commidity based etf that invests in a specific oil futures contract.  It has mechanisms in place to remove trading bias.

Read some history on this board, especially March to May and you will find all of the education you need to fully understand how HOU works.

If after, you have some questions, then many on this board will take their time to help you.

All investing takes diligence, if you are unwilling to put in some of your own time, don't expect others to lend you theirs...
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