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.

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BetaPro Crude Oil Inverse Leveraged Daily Bear ETF

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Comment by Cartman666on Jan 30, 2009 10:02am

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Post# 15739898

RE: RE: Oil has now dropped below 1st support leve

I think that most of us are spooked by last Friday's disaster with Oil running up strong out of nowhere - Not sure I want to deal with that again, holding over the weekend. It will take balls to go short at this level, fearing an afternoon run-up. Be patient and at least wait for a nice spike or dip to go short or long... At the $42s, flip a coin, you are gambling...

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