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 stockabcdeon Mar 25, 2009 10:50am

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Post# 15868994

RE: Tough Day For Oil to Gain

With better than expected Durable goods and New home sales numbers....52 is a tough support to break....once proved, it is now heading back to test 54. Nonetheless, expect same range 52-54 until either side is broken. Some people are expecting Dow 7860 is the turning point but it really looks like Obama and team are directing the show at the moment..so we shall see what's going to happen later the day. BTW GS over the US side should give us clue where the market is heading, it is moving close to market lately.

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