Company Overview

BetaPro Crude Oil Leveraged Daily Bull ETF (OTC: HZOZF) is a leveraged exchange-traded fund managed by Horizons ETFs Management (Canada) Inc., part of the Mirae Asset Financial Group investment platform. The fund is designed to provide approximately two times (2x) the daily performance of front-month crude oil futures, before fees and expenses. It operates within the commodity and leveraged ETF industry, serving investors seeking short-term tactical exposure to crude oil price movements rather than long-term buy-and-hold commodity exposure.

The ETF primarily derives exposure through investments in crude oil futures contracts and related derivatives linked to West Texas Intermediate (WTI) crude oil benchmarks. Its target customer base consists mainly of institutional investors, active traders, hedge participants, and sophisticated retail investors using leveraged products for directional commodity strategies. The fund traces its origins to the expansion of the BetaPro leveraged ETF lineup in Canada, which was developed to offer amplified exposure to commodities, equities, volatility, and sector indices through exchange-traded products listed on the Toronto Stock Exchange and available in certain over-the-counter markets.

Business Operations

The ETF operates as part of the broader Horizons ETFs asset management platform, which manages a diversified suite of exchange-traded funds spanning commodities, fixed income, equities, currencies, and alternative strategies. Revenue generation for the sponsor comes primarily from management fees and assets under management across its ETF lineup. The fund itself seeks daily leveraged returns using futures contracts, swaps, cash collateral, and other derivative instruments rather than direct ownership of physical crude oil assets.

Operationally, the ETF’s exposure is tied primarily to North American energy markets, particularly benchmark WTI crude oil futures traded through regulated futures exchanges. The product is subject to daily rebalancing mechanics inherent in leveraged ETFs, meaning returns over periods longer than one day may materially differ from the stated leverage objective due to compounding effects. The ETF is managed under Canadian securities regulations and disclosures outlined in fund prospectuses, management reports, and related regulatory filings. Data regarding certain counterparty relationships and derivative structures may vary over time based on portfolio positioning and available public disclosures.

Strategic Position & Investments

The strategic positioning of the ETF aligns with the broader growth of tactical commodity investing and leveraged exchange-traded products. Horizons ETFs Management (Canada) Inc. has historically expanded its leveraged and inverse ETF offerings to address investor demand for short-term trading instruments tied to commodities, volatility, and market sectors. The ETF’s focus on crude oil allows it to benefit from heightened trading activity during periods of energy market volatility, geopolitical disruptions, inflationary cycles, and commodity supercycle expectations.

The ETF forms part of the larger BetaPro family of leveraged funds, which represents a significant component of Horizons’ alternative ETF strategy platform. Through the backing of Mirae Asset Financial Group, Horizons has access to broader global asset management infrastructure and distribution capabilities. The sponsor continues to participate in emerging ETF segments including thematic investing, active ETFs, cryptocurrency-linked products in Canada, and derivatives-based investment solutions. Publicly available information does not indicate that the ETF itself owns operating subsidiaries or portfolio companies, as it functions as a pooled investment vehicle rather than an operating corporation.

Geographic Footprint

The ETF is headquartered and primarily administered in Canada, with its management operations centered in Toronto, Ontario through Horizons ETFs Management (Canada) Inc. Its principal trading market is the Toronto Stock Exchange, although certain securities data providers also reference over-the-counter availability in the United States under the ticker HZOZF. The underlying crude oil exposure is heavily linked to North American energy markets and globally traded oil benchmarks.

Through its parent affiliations with Mirae Asset Financial Group, the broader organization maintains an international presence across North America, Asia-Pacific, Europe, and other global financial markets. While the ETF itself is concentrated in commodity derivatives exposure rather than physical international operations, its performance is influenced by global crude oil supply-demand dynamics, OPEC policy decisions, geopolitical developments, and worldwide energy consumption trends.

Leadership & Governance

The ETF is overseen by the executive leadership and governance structure of Horizons ETFs Management (Canada) Inc., operating within Canadian securities regulatory frameworks applicable to publicly offered investment funds. Strategic oversight emphasizes product innovation, expansion of alternative ETF offerings, and maintaining competitive exposure solutions for institutional and retail investors. The broader leadership philosophy has focused on increasing access to sophisticated investment tools through regulated exchange-traded products.

Key executives associated with Horizons ETFs and affiliated management operations include:

• Rohit Mehta – President and Chief Executive Officer
• Thomas Park – Chief Financial Officer
• Nick Piquard – Executive Vice President
• Steve Hawkins – President and Chief Executive Officer, Horizons ETFs USA
• Young-ook Kim – Executive leadership representative associated with broader Mirae Asset ETF strategy initiatives

Certain executive roles and titles may change over time based on corporate filings and organizational updates. Data inconclusive based on available public sources regarding some operational governance details specific solely to the HZOZF OTC listing.