Exchange-traded Funds Report
1+1 ≠ 2
June 2007
Updates
US Natural Gas ETF trades lightly
June 07, 2007
| After one month of trading, the US Natural Gas Fund (UNG) has had an average volume of 123,614 and a share price that has increased by 25%. UNG aims to reflect changes in the price of natural gas future, investing in contracts that are in the two months closed to expiration, and will not equal the dollar price of spot natural gas or any particular futures contract based on natural gas. This is second ETF designed by Victoria Bay Asset Management. |
