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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

Comment by FairMarketson Apr 22, 2020 11:51am
221 Views
Post# 30939397

RE:RE:RE:RE:BUY or HOLD.

RE:RE:RE:RE:BUY or HOLD.You might want to reread the press release.

"Effective at 2:30 p.m. (EST) today, it is anticipated by the Manager
that the daily performance of HOU will endeavour to correspond to
one-times, instead of two-times, the daily performance of its underlying
exposure based on an amended rolling methodology described below."

"Based on the current rolling methodology employed by the Underlying
Index, the ETFs track the June primary futures contract and are not
scheduled to commence rolling to the July secondary futures contract until
May 6, 2020. Notwithstanding the foregoing, effective at 2:30pm (EST)
today, 100% of the underlying exposure of the ETFs will roll to the July
secondary futures contract. Subsequently, and until further notice, it is
anticipated that the monthly roll dates for HOU and HOD for 100% of the
primary futures contract will roll to the secondary futures contract on the
10th trading day of the primary futures contract. The Manager will confirm
the future anticipated roll dates and applicable futures contracts in due
course."

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