United States 12 Month Oil Fund
US91288V1035
United States 12 Month Oil Fund/ US91288V1035 /
NAV02/10/2024 |
Chg.+0.9990 |
Type de rendement |
Focus sur l'investissement |
Société de fonds |
36.9290USD |
+2.78% |
paying dividend |
Special Type
ETF Commodities
|
USCF Investments ▶ |
Stratégie d'investissement
he United States 12 Month Oil Fund® LP (USL) is an exchange-traded security that is designed to track the price movements of West Texas Intermediate ("WTI") light, sweet crude oil. USL issues shares that may be purchased and sold on the NYSE Arca.The investment objective of USL is for the daily changes in percentage terms of its shares NAV to reflect the daily changes in percentage terms of the price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the average of the prices of USL's Benchmark Oil Futures Contracts, less USL's expenses.
USL's Benchmark is the near month futures contract to expire and the contracts for the following 11 months, for a total of 12 consecutive months. If the near month futures contract is within two weeks of expiration, the Benchmark will be the next month contract to expire and the contracts for following 11 consecutive months. When calculating the daily movement of the average price of the 12 contracts, each contract month is equally weighted. The crude oil contract is WTI light, sweet crude oil delivered to Cushing, Oklahoma, and is traded on the NYMEX. USL invests primarily in listed crude oil futures contracts and other oil-related futures contracts, and may invest in forwards and swap contracts. These investments will be collateralized by cash, cash equivalents, and US government obligations with remaining maturities of two years or less.
Objectif d'investissement
he United States 12 Month Oil Fund® LP (USL) is an exchange-traded security that is designed to track the price movements of West Texas Intermediate ("WTI") light, sweet crude oil. USL issues shares that may be purchased and sold on the NYSE Arca.The investment objective of USL is for the daily changes in percentage terms of its shares NAV to reflect the daily changes in percentage terms of the price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the average of the prices of USL's Benchmark Oil Futures Contracts, less USL's expenses.
Opérations
Type de rendement: |
paying dividend |
Fonds Catégorie: |
Special Type |
Pays: |
United States of America |
Branche: |
ETF Commodities |
Benchmark: |
- |
Début de l'exercice: |
- |
Dernière distribution: |
- |
Banque dépositaire: |
The Bank of New York Mellon |
Domicile: |
United States of America |
Permission de distribution: |
- |
Gestionnaire du fonds: |
- |
Actif net: |
55.17 Mio.
USD
|
Date de lancement: |
06/12/2007 |
Focus de l'investissement: |
- |
Conditions
Surtaxe d'émission: |
0.00% |
Frais d'administration max.: |
- |
Investissement minimum: |
1.00 USD |
Deposit fees: |
- |
Frais de rachat: |
0.00% |
Prospectus simplifié: |
- |
Société de fonds
Société de fonds: |
USCF Investments |
Adresse: |
- |
Pays: |
United States of America |
Internet: |
www.uscfinvestments.com
|
Pays
United States of America |
|
100.00% |