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Investment Banking & Investment Services
Financials
ETF
BetaPro S&P 500 Daily Inverse ETF is an exchange traded fund launched and managed by Horizons ETFs Management (Canada) Inc. It invests in public equity markets of the United States. It invests through derivatives in stocks of companies operating across diversified sectors. The fund employs short strategy and uses derivatives such as forwards to create its portfolio. The fund invests in growth and value stocks of large-cap companies. The fund seeks to track -1x the daily performance of the S&P 500 Index. BetaPro S&P 500 Daily Inverse ETF was formed on February 3, 2010 and is domiciled in Canada.
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