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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 23, 2009 4:18pm
358 Views
Post# 15725050

RE: brokenleg

RE: brokenleg
Just listened to the A*g*o*r*a*com commodity guy talking about oil.. Same guy that saw oil testing $30 now thinks oil may have put in a bottom.  His rationale is producers will either cut more aggressively or will be put out of business  or will shut down until prices stabilize over $45.

Still holding and hoping to play the weakness - Monday will be very interesting...

Started picking off small chunks at $25 this morning and couldn't believe my eyes when it came down under $22...  picked up more so averaging $23.50...  We need to keep a close eye on this beast I figure...  but still a good play over next week or two...

I'm not comfortable with overnight positions - eventhough I am holding one... unless we hit $50... in which case I will go all in at whatever HOD is trading at.
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