Seeking Alpha

  VelocityShares 3x Long Natural Gas ETN (UGAZ) - NYSEARCA

UGAZ vs. ETF Alternatives
UGAZ Description
"The VelocityShares 3x Long Natural Gas ETNs linked to the S&P GSCI® Natural Gas Index ER (the “ETNs”) are senior, unsecured obligations of Credit Suisse AG (“Credit Suisse”) acting through its Nassau branch. The ETNs seek to provide long exposure to three times (3x) the daily performance of the S&P GSCI® Natural Gas Index ER (the “Index”) plus a daily accrual equal to the return that could be earned on a notional capital reinvestment at the three month U.S. Treasury rate as reported on Bloomberg under ticker USB3MTA, less the daily investor fee."
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