ETF Watch – ASX200 BEAR & BBOZ

The inverse ETF’s over the ASX200  are performing well. BEAR (single inverse ETF) and BBOZ (double inverse ETF) are both trading higher as the ASX200 XJO index retreats from the recent highs.

BEAR is now up 5% from the $14.86 low on the 9th of January and BBOZ is up 7% from the $17.50 reached on the same day.

These instruments act as a hedge against existing long equity holdings or as an outright trading position in portfolios.

Chart – BEAR ETF

Chart – BBOZ ETF

 

2 June 2016 ETF Signals

ASX Listed ETF Signals

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BEAR.ASX is an inverse ETF based on the ASX 200 index. We note in today’s signals, BEAR.ASX has been triggered as a new bull trend. If you’re confused on this, remember it’s “inverse”, meaning it will rise in value as the XJO 200 falls.