VelocityShares 3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New
AMEX (USD): VelocityShares 3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New (UWT)
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0.164
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Profile
UWT
Exchange: New York Stock Exchange Arca New York Stock Exchange Arca
Currency: USD USD
Full Time Employees: 0 0
IPO Date: 2016-12-08 2016-12-08
Description
The investment seeks to replicate, net of expenses, three times of the S&P GSCI® Crude Oil Index ER. The index tracks a hypothetical position in the nearest-to-expiration NYMEX light sweet crude oil futures contract, which is rolled each month into the futures contract expiring in the next month. The value of the index fluctuates with changes in the price of the relevant NYMEX light sweet crude oil futures contracts.
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Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
