United States Natural Gas Fund
The United States Natural Gas Fund, LP ("UNG") is a new way for investors and hedgers to manage their exposure to energy.
The United States Natural Gas Fund LP (UNG) is an exchange traded security that is designed to track in percentage terms the movements of natural gas prices. UNG issues units that may be purchased and sold on the NYSE Arca.
The investment objective of UNG is for the changes in percentage terms of the units' net asset value to reflect the changes in percentage terms of the price of natural gas delivered at the Henry Hub, Louisiana, as measured by the changes in the price of the futures contract on natural gas traded on the New York Mercantile Exchange that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire, less UNG's expenses.
For a copy of the Prospectus contact: ALPS Distributors, Inc., 1290 Broadway, Suite 1100, Denver, Colorado 80203 or call 800.920.0259 or click here.
UNG is not a mutual fund or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder.
Commodities and futures generally are volatile and are not suitable for all investors. UNG is speculative and involves a high degree of risk. An investor may lose all or substantially all of an investment in UNG. Funds that focus on a single sector generally experience greater volatility.
For further discussion of these and additional risks associated with an investment in UNG units, click here.
Investing in UNG subjects you to the risks of the natural gas industry. These risks could result in large fluctuations in the price of UNG's units. An investor could lose all or substantially all of his/her investment.
The price of units may not accurately track the spot price of natural gas and you may not be able to effectively use UNG as a way to hedge the risk of losses in your natural gas-related transactions or as a way to indirectly invest in natural gas.
Investors buy and sell units in the secondary market (i.e., not directly from UNG). Only "authorized purchasers" may trade directly with UNG, in minimum blocks of 100,000 units.
The United States Natural Gas Fund is distributed by ALPS Distributors, Inc.
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2007-2010 | United States Natural Gas Fund | All rights reserved.