Gold ETF



See Also

Gold ETF

Long Gold ETF

Short Gold ETF

Double Gold ETF

Gold ETN

Gold ETF List



Ultra Gold Proshares ETF


double gold etf UGL 


The ProShares Ultra Gold ETF is a double gold ETF that seeks to exhibit daily investment results that are double the daily move in the price of gold bullion. The Ultra Gold ProShares seeks to achieves this goal by holding gold Forward and gold Futures contracts. The benchmark gold bullion price that UGL seeks to produce double its daily return is the the London Gold Price Fixing set by the London Bullion Market Associationís (LMBA) Gold Pool 15:00 GMT price fixing, also known as the London Gold PM price.



The ProShares Ultra Gold ETF (UGL) vital stats:


Symbol: UGL

Exchange: NYSE Arca

Expense Ratio: 0.95%

Dividend Distribution: NA

NAV or AUM: ~$210 Million as of 6/30/2010

CUSIP: 74347W601 

Inception Date: 12/1/2008





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