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BetaPro Crude Oil Leveraged Daily Bull ETF T.HOU

Alternate Symbol(s):  HROZF | HZOZF

HOU¿s investment objective is to seek daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times (200%) the daily performance of the Horizons Crude Oil Rolling Futures Index. HOU is denominated in Canadian dollars.


TSX:HOU - Post by User

BetaPro Crude Oil Leveraged Daily Bull ETF
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Comment by NoobTrader8on Mar 23, 2020 11:00am
142 Views
Post# 30837360

RE:RE:RE:RE:What a Deal!

RE:RE:RE:RE:What a Deal!
Nakate wrote: Oh its a scam alright, Its main purpose is to off load risk of oil contracts, its the buyer of last resort due to the daily rebalance there by constanly devaluing the value if the invested equity.  Sure it can rally and produce some sweet returns but over all this pos eats retail money for lunch


So early buyers of this scam will be lucky to not lose money even when oil goes back to $50.
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