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.

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BetaPro Crude Oil Inverse Leveraged Daily Bear ETF

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Comment by HamRoveJron Jan 16, 2016 3:05pm

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Post# 24465250

RE:12 days of Christmas is over

Saw this coming Sept. 2014, Sauds are idiots and the current generation of "Royals" have no clue what it's like to not have money and how easily it can go. Despite being rich, when you have to run a country and keep the people happy and investin military, that wealth can disappear quite fast. They fuucked themselves the minute they showed the world how much oil is really floating around and how competitive others who runs BUSINESSES can get. They win market share for what?? A year manx? Once that price rises again you'll have anyone who can hedge production at that price ramp up again. All they are doing is speeding up their demise.

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