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BetaPro Crude Oil Inverse Leveraged Daily Bear ETF T.HOD

Alternate Symbol(s):  HBTPF

ng of shareholders on July 2, 2020 (see Recent Developments). HOD's investment objective, which became effective at the close of business on July 9, 2020, is to seek daily investment resHOD's investment objective was changed after gaining approval at a meetiults, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times (200%) the inverse (opposite) of the daily performance of the Horizons Crude Oil Rolling Futures Index (the Underlying Index, Bloomberg ticker: CMDYCLER). HOD is denominated in Canadian dollars. Any U.S. dollar gains or losses as a result of the ETFs investment are hedged back to the Canadian dollar to the best of its ability. In order to achieve this objective, the total underlying notional value of these instruments and/or securities will typically not exceed two times the total assets of the ETF. As such, HOD employs absolute leverage.


TSX:HOD - Post by User

Post by goldenriviton Jun 17, 2022 10:40am
148 Views
Post# 34764298

Connaco Philips CEO

Connaco Philips CEOIn late Nov/21 he was seeing oil demand desruction when oil was trading between $75 to $80.Then Russia invaded and that pushed oil to spike to $130.But prior to that oil demand destruction was underway at $80.So if the global economy is rapidly moving to a near like depression as central bankers like Jamie Diamond and the EU ministers hold emergency meetings warn of a financial crisis in the making now that Diamond says "will still be talked about for 50 yrs from now" then oil will drop to $10 a brl if these warning are correct.BUY HOD BLIND!!!!!!!!!
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