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BBUS - BetaShares U.S. Equities Strong Bear Hedge Fund

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Updating for April 2020 stock competition.

BBUS provides a leveraged hedge against S&P 500 (provides a negative correlation.)

Reasoning behind my pick is, the unemployment rate in the U.S is extreme. We have had a short term uptrend, yet I'm not sure how it can continue to rise; eventually the fed will run out of tricks and the market will fall down.

Looking at ratios such as CAPE, U.S is still expensive - not to mention earning are going to be very very ugly.

Bears ahoy!
 
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Gee, been sorely tempted to put something in this today. Down a nice 3.8%, I don't know what will induce me to buy, really dithering.
 
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Not yet, I guess. Easy to imagine a 'signal' breaking when it gets this quiet and smug.

2 Year Weekly:
BBUS (leveraged bear US Equities), BBOZ (leveraged bear ASX), XVI (ASX Volatility Index)

big - 2021-04-18T141941.412.gif


big - 2021-04-18T142005.219.gif big - 2021-04-18T142326.696.gif
 
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Went looking for this. It had to be coming soon.

bbus1.PNG

Note: I'm annoyed that my EOD Data provider doesn't include news from many ETFs in their ASX announcements function.

This consolidation will allow BBUS plenty of room to get down to 1.00 again soon. ;)
 
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Went looking for this. It had to be coming soon.

View attachment 128100
Note: I'm annoyed that my EOD Data provider doesn't include news from many ETFs in their ASX announcements function.

This consolidation will allow BBUS plenty of room to get down to 1.00 again soon.;)
am surprised it hasn't already after all the US hit new records quite often
 
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Market Announcements Office ASX Limited Unit consolidation - BetaShares U.S. Equities Strong Bear Hedge Fund - Currency Hedged (ASX Code: BBUS) Further to the ASX announcement made on 8 July 2021, investors are reminded that the consolidation of units on issue in BBUS on a 1 for 10 basis will commence this Thursday, 12 August 2021. The consolidation will cause an increase in BBUS’ unit price to reflect the reduced number of units on issue, which is expected to result in a more favourable bid-offer spread for investors in percentage terms. Timetable As previously announced, the consolidation is expected to occur in accordance with the following timetable: Date Event 11 August 2021 Last day for trading units on pre-consolidation basis (ASX Code: BBUS). 12 August 2021 Trading commences in the post-consolidation units on a deferred settlement basis (ASX Code: BBUDA). 13 August 2021 Record Date for Consolidation Last day to register transfers of pre-consolidated units. 18 August 2021 Despatch Date Deferred settlement trading ends (ASX Code: BBUDA). Last day for sending new holding statements to unitholders. 19 August 2021 Normal trading in consolidated units commences (ASX Code: BBUS). 23 August 2021 Settlement of both first trades conducted on a normal T+2 settlement basis and of trades conducted on a deferred settlement basis. Trading during the deferred settlement period Importantly, investors are reminded that during the period 12 August to 18 August 2021 (inclusive): • the units in BBUS will trade on a deferred settlement basis under ASX Code: BBUDA (not BBUS). • any trading of units during the deferred settlement period will settle on 23 August 2021, rather than on a normal T+2 settlement basis. • the deferred settlement period will result in a delay in receiving the proceeds if an investor sells units during this period. o for example, if an investor sells their units on 12 August, they will receive the sale proceeds on 23 August, rather than on 16 August (T+2 excluding weekends). o as such, any investor that is considering selling their units during the deferred settlement period, and who may be concerned about the deferred settlement, is encouraged to factor this into their decision making. 2 Impact on units The consolidation will have no direct impact on the net asset value of BBUS. If the consolidation would otherwise result in an investor holding a fraction of a unit, BetaShares will, at its expense, round up the unit to the nearest whole number. Apart from rounding up of fractional units, the consolidation will not affect an investor’s percentage holdings in BBUS or the aggregate value of their holdings. Next steps for investors All investors in BBUS will be provided with a holding statement confirming the number of consolidated units that they hold after the consolidation. No action is required from investors to effect the consolidation or their change in unitholding.

DYOR

i hold some BBUS very deep underwater
 
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Market Announcements Office ASX Limited Unit consolidation - BetaShares U.S. Equities Strong Bear Hedge Fund - Currency Hedged (ASX Code: BBUS) Further to the ASX announcement made on 8 July 2021, investors are reminded that the consolidation of units on issue in BBUS on a 1 for 10 basis will commence this Thursday, 12 August 2021. The consolidation will cause an increase in BBUS’ unit price to reflect the reduced number of units on issue, which is expected to result in a more favourable bid-offer spread for investors in percentage terms. Timetable As previously announced, the consolidation is expected to occur in accordance with the following timetable: Date Event 11 August 2021 Last day for trading units on pre-consolidation basis (ASX Code: BBUS). 12 August 2021 Trading commences in the post-consolidation units on a deferred settlement basis (ASX Code: BBUDA). 13 August 2021 Record Date for Consolidation Last day to register transfers of pre-consolidated units. 18 August 2021 Despatch Date Deferred settlement trading ends (ASX Code: BBUDA). Last day for sending new holding statements to unitholders. 19 August 2021 Normal trading in consolidated units commences (ASX Code: BBUS). 23 August 2021 Settlement of both first trades conducted on a normal T+2 settlement basis and of trades conducted on a deferred settlement basis. Trading during the deferred settlement period Importantly, investors are reminded that during the period 12 August to 18 August 2021 (inclusive): • the units in BBUS will trade on a deferred settlement basis under ASX Code: BBUDA (not BBUS). • any trading of units during the deferred settlement period will settle on 23 August 2021, rather than on a normal T+2 settlement basis. • the deferred settlement period will result in a delay in receiving the proceeds if an investor sells units during this period. o for example, if an investor sells their units on 12 August, they will receive the sale proceeds on 23 August, rather than on 16 August (T+2 excluding weekends). o as such, any investor that is considering selling their units during the deferred settlement period, and who may be concerned about the deferred settlement, is encouraged to factor this into their decision making. 2 Impact on units The consolidation will have no direct impact on the net asset value of BBUS. If the consolidation would otherwise result in an investor holding a fraction of a unit, BetaShares will, at its expense, round up the unit to the nearest whole number. Apart from rounding up of fractional units, the consolidation will not affect an investor’s percentage holdings in BBUS or the aggregate value of their holdings. Next steps for investors All investors in BBUS will be provided with a holding statement confirming the number of consolidated units that they hold after the consolidation. No action is required from investors to effect the consolidation or their change in unitholding.

DYOR

i hold some BBUS very deep underwater
Thanks for the info.
I use bbus: but you can not keep these etf to hold for a while. In / out
 
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Thanks for the info.
I use bbus: but you can not keep these etf to hold for a while. In / out
yep i got caught with the last lot ( did OK the the 'BEAR ETFs ' before , one time too many it seems )

if the Fed didn't shift the goalposts so often i MIGHT have been tempted to average drop and look for a 'break-even '

but they could easily decide to QE to infinity and beyond ( despite the current taper talk )

oh well , i will have to make profits elsewhere
 
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Notice: BBUS units are trading under the ASX code: BBUDA during its consolidation.


Units in BBUS are being consolidated, this process will be finalised by 18 August 2021. During the consolidation process units are currently trading under the ASX code: BBUDA.


Trading under the ASX code: BBUS resumes on 19 August 2021. Importantly, all trades completed between 12-18 August 2021 (inclusive) will settle on 23 August 2021. For more information, please refer to the ASX announcement in the resources section released on 8 July 2021.


Fund Objective​


BBUS seeks to generate magnified returns that are negatively correlated to the returns of the U.S. sharemarket. The Fund expects to generate a magnified positive return when the S&P 500 Total Return Index falls (and a magnified negative return when the index rises).


Fund Strategy​


A 1% fall in the U.S. sharemarket on a given day can generally be expected to deliver a 2% to 2.75% increase in the value of the Fund (and vice versa).
@finicky
 
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lol @ consolidation

$1 last week, $10 today ......now we can work our way back to a dollar again
sadly that is the way MOST consolidations go

and with the US administration very willing to move goalposts and pump extraordinary amounts of liquidity BBUS might threaten that dollar mark much sooner than the $20 mark ( but i hope i am wrong )
 
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Signs of a Top

This 100 year SPX chart - overbought on a monthly chart (That's the RSI in red ). Rare.

Screenshot_20210824-181958_Chrome.jpg


And this chart - The S&P 500 has blown the top off its post-GFC 10 year trading range. And it's overbought on the weekly chart.

Screenshot_20210824-182022_Chrome.jpg


 
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BBUS quite strong to a higher high today, volume coming in. BBOZ similar chart (not included)
ASX VIX (XVI) included, jumped 26% - this index was warning in Feb 2020

Not Held yet

BBUS daily
big (1) (16).gif


XVI daily 2 Year
big (1) (17).gif
 

Sean K

on permanent holidays
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This thing seems to have stopped going down the past three weeks. With the Fed being a little more hawkish on rates I wonder if the inevitable rate rise(s) will be the trigger for a reversal of this? Or, do they just keep printing money, interest rates remain effectively negative, stocks keep going up and inflation goes to double digits...

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