HFDCanadian Financial 2x Bear Fund... Banks suck ! and with interest rates rising expect loan defaults to skyrocket. Bad time for banks.
Key stats
About BETAPRO S&P TSX CPD FINA 2X DLY BR ETF SHS NEW (POST REV SPLT)
Expense ratio
2.17%
Home page
Inception date
Jun 11, 2007
The fund seeks investment results that correspond to 2x inverse of the daily performance of its underlying index, which is designed to measure the performance of the Canadian financials sector. Securities, however, that are classified as real estate are excluded from the index. The fund is market-cap-weighted, with individual constituents capped at 25% of the index weight. As a levered fund, it is not a buy-and-hold investment and should not be expected to provide index leverage returns greater than a one-day period.
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash115.67%
Miscellaneous−15.67%
Displays a symbol's price movements over previous years to identify recurring trends.