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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 jlunminon Feb 11, 2015 12:37pm
113 Views
Post# 23418504

RE:RE:RE:You will still make good money with HOD. Patience.

RE:RE:RE:You will still make good money with HOD. Patience.Summed up well. People don't get it. Until the weakest players are snuffed out entirely, there is going to be a glut of supply. This happened with nat gas and it's happening with oil. My guess is that oil will be lucky to average $50 a barrel for 2015.
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