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 wolfgang13on Mar 16, 2010 5:52pm

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Post# 16889974

RE: Crude oil rises after API supply report

When the API report initially was released Oil jumped to $81.97. At the close there was a bit of a sell off and Oil settled at $81.70. When the TSX closed Oil was at $81.77. Hopefully when the Asian markets open Oil continues it's decline and the US$ gains some strength. Also the EIA builds are always greater then the API reports, and more accurate. We could see Oil in the eighties again tomorrow.

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