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OOO betashares crude oil index etf-currency hedged (synthetic)

2.81%

$19.36

Methinks time to buy a wee bit of OOO - possible dividend due...

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dlux

13,788 Posts.

19

30/03/20

01:35

Post #: 43765677
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Originally posted by BagsOBucks: ↑

The link you provided shows fund performance as...

Note the 'since inception' line of -15.93%

I understand there have been distributions...

But seems they are small and the price of the ooo unit has fallen from a high of $60 to less than 10% of that... < $6

I am still interested as my guess is you need to be holding this during a decent run in the oil price and I am thinking of buying when oil goes sub 20 and there is talk of !0... but cv19 will pass IMO and can also see something BIG happening to raise the price... say invasion of Venezuela... or similar...

Too much money in oil to allow super low prices to continue for too long IMO

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Methinks time to buy a wee bit of OOO - possible dividend due soon.

Read ASX ann . Oil could go lower before this virus stuff is over but I cannot sit here & watch the weeds grow without having a punt on something !!

OOO Price at posting: $19.36 Sentiment: Buy Disclosure: Held
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Methinks time to buy a wee bit of OOO - possible dividend due...

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