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

RE:Any hope?

[dm27427]

The net assets of the fund will be distributed to unit holders after de-listing on June 6 and termination on June 11. I think you can request redemption earlier, or just sell into the market. Details are on the Horizons website. I recieved a letter from my broker with an enclosed letter from Horizons.
The NAV has been tracking the unit trading price very closely (within a 1/2 percent). Where the price goes between now and June is unknown, but it will not get anywhere close to $20. If there is a spike in volatility, it will drop below $2. If volatility moderates, it ispossible that the price will rise to $2.50, possibly $3 but I would not expect more than that as a best case upside.