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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 UNDERTAKER08on May 18, 2009 10:59pm
190 Views
Post# 16000216

RE: If there is any doubt

RE: If there is any doubtTG,you are contradicting yourself her again..If you stated you bought COS which is a straight directional play on oil then you say you won't play oil long or short...Which is it? Bull or bear.......There is no fence You cant be right all the time...Or did you just do a risky trade which is okay to...lol..they all are these days

"I think oil is getting toppy and either buying or shorting it is a risky trade in my mind.  Oil goes much higher it will start to stiffle the market which will then make a pull back. "
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