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 bigbear4511on Sep 08, 2016 4:13pm

82 Views

Post# 25219405

RE:RE:Huge Buy

bigbear4511 wrote:
https://www.cnbc.com/2016/09/08/oil-prices-surge-as-us-burns-through-crude-supply-at-record-rate.html "Fade rally at $48.00"

https://www.bloomberg.com/news/articles/2016-09-07/oil-rises-as-industry-data-signals-crude-stockpiles-plummeted "Delayed cargoes may be arriving this week, leading to a big import increase in the next report, OGrady said. There were about 30 oil tankers waiting to enter the Houston Ship Channel as of 10:20 a.m. local time, according to Patrick Seeba, operations director at Greater Houston Port Bureau".

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