BetaPro Equal Weight Canadian REIT 2x Daily Bear ETF
BetaPro Equal Weight Canadian REIT 2x Daily Bear ETF (HRED.TO) Company Profile & Overview
Explore BetaPro Equal Weight Canadian REIT 2x Daily Bear ETF’s business operations, leadership, sector classification, and key company facts including IPO date, industry, and contact details.
BetaPro Equal Weight Canadian REIT 2x Daily Bear ETF (HRED.TO) Company Profile & Overview
The fund provides daily 2x inverse exposure to an index of major real estate investment trusts (REITs) that are traded on the Toronto Stock Exchange. A committee composed of Solactive AG staff decides on the selection of the funds constituents, considering the companies meet certain market-cap and liquidity requirements. The index is equal-weighted and is rebalanced semi-annually in March and September. As a leveraged inverse product with a -2x factor that resets daily, HRUD is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.