OAKLAND, Calif., April 18, 2017 /PRNewswire/ -- The United States Natural Gas Fund, LP (UNG) is 10 years old today. Launched in 2007 by Oakland based investment manager USCF, UNG was the second exchange-traded product (ETP) to market for the firm and the first natural gas ETP.
"USCF is very proud to celebrate the 10 year anniversary of UNG," says Love, "and we look forward to launching more new products in the years to come."
USCF operates on the leading edge of product innovation as an asset management firm offering exchange-traded products (ETPs), exchange-traded funds (ETFs) and mutual funds. 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 thirteen more specialty products across commodity and equity asset classes. USCF currently manages approximately $4.5 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 and Katie Rooney are registered representatives of ALPS Distributors, Inc.
Commodity ETP Disclosures:
USO, USL, DNO, UNG, UNL, UGA, UHN, BNO, USCI, CPER and USAG are commodity pools regulated by the Commodity Futures Trading Commission. 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.
Funds distributed by ALPS Distributors, Inc.
USO001341 Exp. 04/18/2019