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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 Goldbug0675on Apr 05, 2010 9:33pm
255 Views
Post# 16958920

RE: HOD

RE: HODHey Jean buddy, it sounds like your getting frustrated with oil just like the rest of us. It is apparent that oil is being driven up by speculators and probably GS. I am sick of the big boys taking advantage of the little guy and the government does absolutley nothing. I think they are in bed with Wall Street and are making money on the side. The crooks on Wall Street got a bail out with the US citizens taxes and they are using this money to manipulate the price of oil so these greedy buggars can make more money.

I hope oil doesn't go up to $100 until we are able to get out of HOD. I don't want to be short oil when we roll over to the June contract. I did buy some HOU today but bought in near the day high and now I see that oil is down in electronic trading so maybe it will tank tomorrow . Someone else on this board said that whenever they buy HOU, oil starts dropping,lol.
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