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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 Sparkletoothon Jul 17, 2009 1:50pm
254 Views
Post# 16146461

RE: RE: RE: RE: RE: Oil on its own today!!!

RE: RE: RE: RE: RE: Oil on its own today!!!Nothing makes sense today:  oil surging upstream against a weak market (I know, it's all about the $US)  and Tiger 3 shots over the cut line with 3 holes to go in the British Open (and 59-year-old Tom Watson leading the tournament after 36 holes!!).  I'm not ready to give up on Tiger...but I'm not shorting this WTI rally either, not yet...and I'm not betting on Tom, but hey, it's a quite the story.
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