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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 06, 2009 6:37pm
206 Views
Post# 15972645

RE: RE: RE: Good Luck ....

RE: RE: RE: Good Luck ....He's basing it on history. Not sure why everyone suddenly thinks that when Oil has a good move either up or down, that's it's going to continue to move that way.  Even last year on its way to $149, Oil pulled back several times. Smart money will either be looking for pullbacks to go long, or starting to establish a short position around this level...
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