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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 dinamo1on Feb 09, 2015 10:38am
148 Views
Post# 23410279

RE:Wow, nothing but BEAR for oil and natural gas in queue, enjo

RE:Wow, nothing but BEAR for oil and natural gas in queue, enjoMy first mistake loading up on HOD a few days ago was assuming markets behave rationally.... Sweet 500 or however many of the shittiest rigs in America went off-line. Heading to $55 as supply only grows...F Sakes
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