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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

Comment by EmoOnon Oct 02, 2008 10:22am
237 Views
Post# 15499432

RE: I'm smelling a collapse

RE: I'm smelling a collapseI hope youre right, I took a third of my position yesterday. I was able to get filled up today after seeing some confirmation at a lower price. There is noway the US can have oil go up right now. I think our risk to reward is very good for the short term. Targets are usually over shot as well (ie $85). China demand falling. I also think its funny that when the price of crude falls we hear nothing about Nigeria, but when Oil goes up everyday we hear about the Nigerian Rebels. Well the rebels cant save oil now! GLTA
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