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

BetaPro Crude Oil Inverse Leveraged Daily Bear ETF

<< Previous

Bullboard Posts

Next >>

Post by smallcaptdron Jul 20, 2022 11:47am

183 Views

Post# 34837201

You only lose $ when you sell

There's no reason to sell HOD or HND because the price of Oil and Gas will head lower by year's end and even lower in 2023. You only lose money when you sell. I always tell people to only use money that they won't need access to because these are buy and hold.
For myself, I do trade them on days when Oil and Gas have big swings in prices.

JMHO (always DD)

<< Previous

Bullboard Posts

Next >>

How one company is disrupting PoC testing