Seeking Alpha

OILZ
  UBS ETRACS Oil Futures Contango ETN - NYSEARCA

8/29/2014, 2:18 PM ET
OILZ is defunct since January 23, 2014. Redeemed early due to lack of assets
OILZ Description
The ETRACS Oil Futures Contango ETN is designed to capitalize on oil markets in a state of contango, as evidenced by an upward sloping futures curve, while minimizing the exposure to absolute changes in oil futures prices. The ETRACS Oil Futures Contango ETN is linked to the performance of the ISE Oil Futures Spread™ Index (the "Index") which through an allocation to various oil sub-indices, effectively provides short exposure in front month oil futures contracts and long exposure in mid-term oil futures contracts.
See more details on sponsor's website
Key Info
Find the right ETFs for your portfolio: Seeking Alpha's new ETF Hub