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Horizons ETFs Management (Canada) Inc - BetaPro S&P 500 VIX Short-Term Futures Daily Inverse ETF Class A BTTPF



GREY:BTTPF - Post by User

Comment by Aeternaon Feb 07, 2018 12:09pm
127 Views
Post# 27519646

RE:RE:For all of you that want to start a Class action

RE:RE:For all of you that want to start a Class actionThat basically means they can give the fair value they want if a special event happen in the underlying (VIX) after the close. It's vague on purpose "Generally" etc so they can tweek it the way they see fit. But it's written black on white.

Most likely all the $$$$$$ between the 13.4 closing price, and 2.2 opening one, went directly in their pocket, (because we all know they did not rebalance anything by buying underlying asset at the after hour price) and nobody can't do anything about that. Welcome to reality.
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