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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 bigmoney2009on Jul 10, 2009 5:27pm
280 Views
Post# 16130803

RE: RE: RE: RE: RE: RE: RE: Dropping hard

RE: RE: RE: RE: RE: RE: RE: Dropping hardOk, if that dude had his 90,000 shares, held on to them since $10.80, and sold them off today at high of $16.09;

he could have easily made himself almost $500,000.00 over a period of less than 3-4 weeks!
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