New Natural Gas ETF Could Help Battle Contango
Posted on June 25, 2009 at 22:28 PM EDT
United States Commodity Funds has plans to bring another natural gas-focused commodity exchange traded fund (ETF) to the market, as pending approval. If the Securities and Exchange Commission (SEC) grants approval, it will be the provider’s second 12-month commodity fund. The first, United States 12 Month Oil Fund (USL), targets oil. Index ...