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HOD.TO - BetaPro Crude Oil In...

Profile of BetaPro Crude Oil Inverse Leveraged Daily Bear ETF(HOD.TO), The fund inverse leveraged fund, like all geared products, is not a buy-and-hold investment, and sho

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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.

6.93 CAD

-0.13 (-1.88%)

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

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