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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
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Comment by mikerosoft666on Feb 06, 2009 4:46pm
240 Views
Post# 15759722

RE: RE: RE: WEEKEND

RE: RE: RE: WEEKEND
I agree with your take on the situation Kerb...

I think the market has entered an emotional state where it is desparate for good news and looks to all these announcements as the good news signal.  I'm not confident that it will be enough but I agree with the economists who see a short term rally continuing over the next few weeks to months although I have heard "Beware the Ides of March..." sentiment coming but I don't know what is special about March.  We are through a bad news cycle and seem to be holding a line... heard the Dow keeps testing a low line here and bouncing back...

I think oil has a rally next week - or maybe the week after.  So much so that I got back into HOU at $7.21 again
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