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BetaPro Crude Oil Inverse Leveraged Daily Bear ETF T.HOD

Alternate Symbol(s):  HBTPF

ng of shareholders on July 2, 2020 (see Recent Developments). HOD's investment objective, which became effective at the close of business on July 9, 2020, is to seek daily investment resHOD's investment objective was changed after gaining approval at a meetiults, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times (200%) the inverse (opposite) of the daily performance of the Horizons Crude Oil Rolling Futures Index (the Underlying Index, Bloomberg ticker: CMDYCLER). HOD is denominated in Canadian dollars. Any U.S. dollar gains or losses as a result of the ETFs investment are hedged back to the Canadian dollar to the best of its ability. In order to achieve this objective, the total underlying notional value of these instruments and/or securities will typically not exceed two times the total assets of the ETF. As such, HOD employs absolute leverage.


TSX:HOD - Post by User

BetaPro Crude Oil Inverse Leveraged Daily Bear ETF
Bullboard Posts
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(2)
•••
Post by nic_jordanon May 25, 2008 9:26pm
286 Views
Post# 15108500

Another great read about oil & commodities

Another great read about oil & commoditiesIt was posted by "screw_oil" on the Yahoo DUG board:
(don't mind this guy's handle, really a good read for anyone interested aboul oil prices)


https://hsgac.senate.gov/public/_files/052008Masters.pdf

Pretty interesting testimony to the US senate....


Cheers! ;-)

Nick
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities