OAKLAND, Calif., Nov. 8, 2016 /PRNewswire/ -- USCF today announced that the USCF Restaurant Leaders Fund (Ticker: MENU), a new exchange traded fund (ETF), began trading on the New York Stock Exchange (NYSE). MENU is USCF's 13th product to be listed on the NYSE. MENU allows investors to access a portfolio of companies in the restaurant industry in an easy-to-trade ETF.
"MENU expands USCF's equity product line and ties in with our well-known commodity line by giving investors access to commodities from an alternative vantage point – that of the end user," said John Love, President and Chief Executive Officer of USCF. "The restaurant universe consists of companies that we all know and frequent, and we hope MENU appeals to a broad range of investors. Professionals in the restaurant business may find MENU particularly interesting as they seek alternative ways to gain or hedge exposure to their own industry."
The USCF Restaurant Leaders Fund (NYSE: MENU) seeks to track the price and yield performance of the Restaurant Leaders INDXX Index (iMENU), before fees and expenses. iMENU selects companies in the restaurant industry, especially in the Quick Serve category, and screens the universe for fundamental qualities expected to lead to outperformance.
USCF operates on the leading edge of Exchange Traded Product (ETP) innovation. The firm broke new ground with the launch of the first oil ETP, the United States Oil Fund, LP (USO), in 2006. Over the next decade, USCF designed and issued twelve more specialty ETPs across commodity and equity asset classes. USCF currently manages over $5 billion in assets from its headquarters in Oakland, California.
Forward Looking Statements
Statements other than statements of historical facts included in this press release may constitute forward looking statements and are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties, which change over time. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of factors, including those described from time to time in filings by the Company with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
USCF is a registered trademark. All rights reserved.
John P. Love is a registered representatives of ALPS Distributors, Inc.
Commodity Fund Disclosures:
Download a copy of a Fund's Prospectus by clicking one of the following: ( USO, USL, DNO, UNG, UNL, UGA, UHN, BNO, USCI, CPER, USAG). Please read any Prospectus carefully before investing.
These Funds are not mutual funds or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and are not subject to regulation thereunder.
Commodity trading is highly speculative and involves a high degree of risk. Commodities and futures generally are volatile and are not suitable for all investors. Investing in commodity interests subject each Fund to the risks of its related industry. An investor may lose all or substantially all of an investment. These risks could result in large fluctuations in the price of a particular Fund's respective shares. Funds that focus on a single sector generally experience greater volatility. For further discussion of these and additional risks associated with an investment in the Funds please read the respective Fund Prospectus before investing.
Equity Fund Disclosures:
Download a copy of a Fund's Prospectus by clicking one of the following: MENU, TOFR. Please read any Prospectus carefully before investing. Investing involves risks, including loss of principal. One cannot invest directly in an index.
MENU is new and has a limited operating history.
Funds distributed by ALPS Distributors, Inc.
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