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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 Sparkletoothon Feb 28, 2009 4:28pm
407 Views
Post# 15811226

RE: RE: RE: closing price represents /????

RE: RE: RE: closing price represents /????I think 44.76 WTI at 4:00 pm Friday...then - big surprise - another sell-off after the closing stock market bell.

I liked Olney for his commentary:  the pivot points etc are technical mumbo-jumbo that quickly becomes meaningless once trading starts for the day.  If there were magic formulas that actually worked, the hedge funds would have taken over the entire planet by now, instead of being the disgrace they are...
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Dealroom for high-potential pre-IPO opportunities