GREY:BTTPF - Post by User
Comment by
HVIMesson Feb 13, 2018 7:38pm
114 Views
Post# 27554442
RE:HVI Rate reset
RE:HVI Rate resetYou got that right. In addition to that there is the issue of which index it tracks..it’s supposed to track cmd* custom index per their prospectus. Not the snp short term index that closes at 4:15
the diff between two indexes to be adj next trading day in which case it would be $13:30 minus percentage change in cmd* index next day which would still result in much higher end of day Nav the next day.
no matter which way you slice it horizons didn’t do it right.
in simple terms it’s supposed to give 1x inverse of hue (1x fund) which was up by some 30 percent where as hvi took deep dive.
they are. Using the procedure described in their literature for hue and not for hvi, how convenient..