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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 Cartman666on May 04, 2009 8:59pm
226 Views
Post# 15966178

Tgarfield

TgarfieldI've been reading your posts for a while - aren't you getting tired of explaining and re-explaining the rebalancing to people here?  There's almost no point - once the posts disappear to the next page, there's new users on here asking the same old questions.... besides, no one seems to really listen or 'get it' anyway (and I mean get it to the extreme extent of the erosion that occurs)

You need a vacation - start posting 'links' to your past posts... time to take the training wheels off the stockhouse users and let them find their way... unless of course you enjoy adding to your carpal tunnel syndrome :) 

But then again, what will happen when daddy's not there to catch them when they fall?  They'll lose half their money.. that's what  ;)
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