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About BETAPRO CRDE OIL INV LEV DLY BR ETF SHS NEW (POST REV SPLIT)
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Inception date
Jan 15, 2008
Structure
Canadian Mutual Fund Trust (ON)
Replication method
Synthetic
Distributes
Capital Gains
Tax on distributions
Ordinary income
Primary advisor
Global X Investments Canada, Inc.
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.
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash101.72%
Miscellaneous−1.72%
Displays a symbol's price movements over previous years to identify recurring trends.