UOIL - 3x Long Brent Crude ETN Profile
UOIL Tracks This Index: S&P GSCI Brent Crude Index Excess Return (300%)
Description: This index is composed entirely of Brent crude oil futures contracts and is derived by reference to the price levels of the futures contracts on a single commodity as well as the discount or premium obtained by "rolling" hypothetical positions in such contracts forward as they approach delivery.
Description: This index is composed entirely of Brent crude oil futures contracts and is derived by reference to the price levels of the futures contracts on a single commodity as well as the discount or premium obtained by "rolling" hypothetical positions in such contracts forward as they approach delivery.
- Issuer: VelocityShares
- Structure: ETN
- Expense Ratio: 1.35%
- ETFdb Category: Leveraged Commodities
- ETF Home Page: UOIL
- Inception: 2012-02-08
- Tax Form: 1099
Summary Data For UOIL
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