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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 stockabcdeon May 15, 2009 6:26am
234 Views
Post# 15995175

RE: RE: RE: May 2010@ 66 barrel

RE: RE: RE: May 2010@ 66 barrelWell in 8 months you can be Bigmoney2010 or Jeff167 or 169.  In the meantime, Crude need a foot hold above 60 to even shoot for 70..betting for 80 when crude is still below 60?  You have better odds over at Fairviews.  Techncially a break is going to happen soon....not in myself but the odds of going to 52 in a breeze is much higher than above 60, jmo.

Oh, here is why...too many bulls expecting 70 soon due to falling US Dollar and inflation expectation, China's April 22& decline in exports and US April retail sales number tells you inflation is still nothing but expectation.  Higher gasoline prices are starting to weed kill any hope of green shots.

Hold the fort,
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