United States 12 Month Oil Fund
US91288V1035
United States 12 Month Oil Fund/ US91288V1035 /
NAV02/10/2024 |
Diferencia+0.9990 |
Tipo de beneficio |
Enfoque de la inversión |
Sociedad de fondos |
36.9290USD |
+2.78% |
paying dividend |
Special Type
ETF Commodities
|
USCF Investments ▶ |
Estrategia de inversión
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.
Objetivo de inversión
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.
Datos maestros
Tipo de beneficio: |
paying dividend |
Categoría de fondos: |
Special Type |
País: |
United States of America |
Sucursal: |
ETF Commodities |
Punto de referencia: |
- |
Inicio del año fiscal: |
- |
Última distribución: |
- |
Banco depositario: |
The Bank of New York Mellon |
País de origen: |
United States of America |
Permiso de distribución: |
- |
Gestor de fondo: |
- |
Volumen de fondo: |
55.17 millones
USD
|
Fecha de fundación: |
06/12/2007 |
Enfoque de la inversión: |
- |
Condiciones
Recargo de emisión: |
0.00% |
Max. Comisión de administración: |
- |
Inversión mínima: |
1.00 USD |
Deposit fees: |
- |
Cargo por amortización: |
0.00% |
Prospecto simplificado: |
- |
Sociedad de fondos
Fondos de empresa: |
USCF Investments |
Dirección: |
- |
País: |
United States of America |
Internet: |
www.uscfinvestments.com
|
Países
United States of America |
|
100.00% |