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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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(4)
•••
Comment by ellgaron Apr 11, 2011 2:37pm
294 Views
Post# 18414886

RE: RE: RE: careful

RE: RE: RE: carefulYeah but after getting slapped last week and now in profit I'm too trigger happy...sold half at $5.36 for a fair profit.
Oil now $109.70 at 2:40pm and could slip towards the close...What to do... sell more and pick up the peices tomorrow or ride it through and hope the oil b.s. (bull specs) don't change their minds.
  I heard on CNBC GS selling their long oil & metal (commods) positions.
Insight & input if you have it... SVP!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities