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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 mikerosoft666on Jan 15, 2009 4:00am
147 Views
Post# 15705664

RE: RE: RE: RE: RE: RE: Any suggestion Pleaseeeeee

RE: RE: RE: RE: RE: RE: Any suggestion Pleaseeeeee
I hear ya'.... my only regret is that I didn't understand that it's likely to be volatile at the low levels...  some suggestion that the guys with the tankers may be trying to manipulate it up so they can unload the tankers at a reasonable price.  And they can't find any more storage so it defeats their purpose to have oil continue to drop.

I agree there is very little fundamental to rationalize oil doing anything but go down further and have heard more frequent opnions that we can expect it   -   some thinking we see it dip under $30.  I'm not smart enough or experienced enough to have an intelligent opinion on that.

Been listening to Specboy who sees it going lower still...


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