|
||||
|
|
See Also |
Ultra Gold Proshares ETF
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 Association’s (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
|
||
