BetaPro Crude Oil Leveraged Daily Bull ETF (HOU.TO) TSX
23.44
+0.57(+2.49%)
Currency In CAD
- General
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- Historical Data
- Profile
- Financials
23.44
+0.57(+2.49%)
Currency In CAD
Address
55 University Avenue, Suite 800
Toronto, ON M5J 2H7
United States of America (the)
Phone
1-416-933-5745
Sector
Financial Services
Industry
Asset Management - Leveraged
Employees
N/A
First IPO Date
January 16, 2008
HOU seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times (200%) the daily performance of the BetaPro Crude Oil Rolling Futures Index. HOU does not seek to achieve its stated investment objective over a period of time greater than one day. HOU is denominated in Canadian dollars. The Manager anticipates, under normal market conditions, managing the leverage ratio to be as close to two times (200%) as practicable for HOU. However, the Manager may, at its sole discretion, change the leverage ratio based on its assessment of the current market conditions for crude oil futures contracts and negotiations with the ETF’s counterparties at that time.