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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 Goldbug0675on Mar 31, 2010 11:26pm
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Post# 16947241

RE: Salivating at the opportunities in HOD now

RE: Salivating at the opportunities in HOD nowI hope that oil tanks hard tomorrow. Since oil goes up when the US$ drops and with all the negative news about the economy lately, the dollar may tank, sending oil up to $90. However, I still feel that oil will hot $75 before it gets to $90. The inventory numbers today were very bearish and yet oil still went up due to the strength of the US dollar.
It seems that no matter what happens, oil keeps chuggin along. It all depends on what the MMs want to do. GLTA!!
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Dealroom for high-potential pre-IPO opportunities