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Bullboard - Stock Discussion Forum
BetaPro Equal Weight Canadn REIT -2x Dly Bear ETF
T.HRED
HRED seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times 200 Percentage the inverse opposite of the daily performance of the Solactive Equal Weight Canada REIT Index the Underlying Index, Bloomberg ticker SOLCREW. HRED is denominated in Canadian dollars. Any US dollar gains or losses...
as a result of the ETFs investment will be 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, HRED employs absolute leverage. Assets not invested in financial instruments may be invested in debt instruments or money market instruments with a term not to exceed 365 days, or reverse repurchase agreements with a term not to exceed 30 days.
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