Commodities ETF Pioneer Launches New Funds Focused On Natural Gas And Crude Oil

Wednesday, February 02, 2011 08:21
edit
Commodities ETF Pioneer Launches New Funds Focused On Natural Gas And Crude Oil

Tags: commodities | ETFs | mutual funds

Teucrium Trading, which sponsored the first U.S. ETF based on corn futures, is launching two new funds concentrated in the energy sector rather than the food sector.
 

This Website Is For Financial Professionals Only


 

Teucrium started the Teucrium Natural Gas Fund (NAGS) this week, and the Teucrium WTI Crude Oil Fund (CRUD) is expected to open later this month, according to Barron’s blogger Murray Coleman.


Unlike the firm’s Teucrium Corn Fund (CORN), these new funds face competition from several long-established rivals. Both new funds will hold futures contracts with expiration dates spread through several different months, in order to spread the impact of higher prices.
 

Comments (0)

Write comment

You must be logged in to post a comment. Please register if you do not have an account yet.

busy