FMP
BetaPro Crude Oil Inverse Leveraged Daily Bear ETF
HOD.TO
TSX
The fund inverse leveraged fund, like all geared products, is not a buy-and-hold investment, and should not be expected to provide index leverage return greater than a one-day period. The fund provides 2x inverse the return of a futures-based light sweet crude oil index on a daily basis. Daily compounding of returns can lead to the fund's returns varying significantly from the -2x exposure to the index over longer holding periods. Index returns reflect both the price changes on its front month futures contracts as well as any gain or loss from rolling those futures contracts. The fund manager could change the underlying futures contract exposure and rolling methodology in response to changing market conditions at its discretion.
6.25 CAD
-0.12 (-1.92%)
About
ceo
N/A
sector
Financial Services
industry
Asset Management - Leveraged
website
N/A
exchange
TSX
Description
The fund inverse leveraged fund, like all geared products, is not a buy-and-hold investment, and should not be expected to provide index leverage return greater than a one-day period. The fund provides 2x inverse the return of a futures-based light sweet crude oil index on a daily basis. Daily compounding of returns can lead to the fund's returns varying significantly from the -2x exposure to the index over longer holding periods. Index returns reflect both the price changes on its front month futures contracts as well as any gain or loss from rolling those futures contracts. The fund manager could change the underlying futures contract exposure and rolling methodology in response to changing market conditions at its discretion.
CIK
N/A
ISIN
CA08664K3038
CUSIP
N/A
Address
N/A
Phone
NA
Country
CA
Employee
N/A
IPO Date
Jan 16, 2008
Key Executives
