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.

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BetaPro Crude Oil Inverse Leveraged Daily Bear ETF

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Comment by drdjmon May 29, 2009 4:45pm

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Post# 16028651

RE: RE: arrogance will kill you

Thanks for the advice, I have taken profits from my trades and reinvested in more stable less exciting stocks. I have AVM x 3500, PMT.UN x 800, and these have done well this week. Paramouint pays unbelievable dividends. I sold the HOU x 4500 this afternoon at 9.08 for a $1395.00 profit., had bought at 8.77. Feels great but still doesnt make up for the $2000 loss on HOD. All said and done this week was up about 2200. Jeff26 says he does due diligence when buying stocks, but whati nformation you would need to disemminate to be better informed about which direction a stock will move. I am only refering to HOD or HOU. In a comment he says the Koreans are causing mischief and assumes that the price of oil will keep going up. He of course was right. Inventories seem to have little or no effect on the price.

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