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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 steve957on Apr 26, 2020 10:29pm
172 Views
Post# 30956022

RE:Ride it Out

RE:Ride it Outi dont think thats a good idea, oil is likely to turn negative again and cursh the newly consolidated share price,,,thats why this is now a1 x  The fundmanager knows negative oil is comming and is trying to slow the steep decline in the share price,,,,at first i kinda of thought it was a bad move by the fundmanager but now i can see hie is olny trying brace up the fund for the poor market conditions ahead, I mean the manager has already consoildated this twice in the last month and if  HOU was left at a 2x nav the fund manager might be consoiliating this for a third time !!!! an ETF is made for medium or short term plays, ETFs aint made for riding  
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