Teucrium Launches Natural Gas ETF (NAGS)

Teucrium, the issuer behind the only pure play corn ETF on the market, has doubled the size of its ETF lineup with the introduction of the Teucrium Natural Gas Fund (NAGS). The new fund will offer investors another option for gaining exposure to natural gas futures contracts through the exchange-traded structure. Similar to CORN, NAGS will spread exposure to futures contracts across multiple maturities. The investment objective of the new fund is to reflect the daily changes in percentage terms of a weighted average of the following: the nearest to spot month March, April, October, and November Henry Hub Natural Gas Futures Contracts traded on the NYMEX, weighted 25% equally in each contract month. That structure is utilized in an effort to reduce the effects of contango and backwardation on fund returns. The diversified futures structure is designed to reduce the cost of rolling the investment [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: UNG In Freefall, VNQ Soars Higher Daily ETF Roundup: EWJ Jumps On Higher Growth Forecast, UNG Continues Slide Daily ETF Roundup: UNG Falls Back, XLK Surges On Broad Tech Strength Daily ETF Roundup: JJC Tumbles Thanks To China, UNG Surges On EIA Report Daily ETF Roundup: MOO Tumbles, UNG Surges Higher