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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 Umpatanon Jan 26, 2013 9:12am
158 Views
Post# 20893743

RE: Get out of HOD while you can!

RE: Get out of HOD while you can!

Actually, I wish to say for you all to wait.  Crude oil has been rising steadily even though the technicals have been screaming for short for some time.  Geopolitical issues have put a premium on crude oil, and black swan events do defy technical analysis as none of this is 100%.  We are 20 cents below, and I feel that we still have more room to the upside, and a possibility of it blowing to the upside with large volume.  I say this because the last two declines, especially when the talking heads used the leaking of the Chinese PMI data for the reason for the sell off the crude oil prices recovered.  There is not enough weakness in the market right now for it to correct just yet.  We still have a couple of dollars to rise at the very least.  I have bought back HOU yesterday, 3150 units.

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