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.

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BetaPro Crude Oil Inverse Leveraged Daily Bear ETF

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Post by goldenriviton Jun 17, 2022 10:06am

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On WED the 19 EU finance ministers met

And held an "emergency meeting" to address what they can do in a debt crisis like 08/09.Central banks around the world are in a panic over stagflasion.Oil demand destruction is moving at a rapid pace as US gasoline demand for May was 6% lower prior to Covid in 2019.Demand is falling off a cliff and will be seen in the July Aug comsumption numbers then oil will tank back to $60 and HOD will print $ 20 or more.

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Investing in Canada's lumber market