Name of ETF: The United States 12 Month Natural Gas ETF
Ticker Symbol: UNL
Underlying Commodity Exposure: This ETF is designed to move in the same direction as the price of natural gas delivered to the Henry Hub in Louisiana.
- The index this fund is based upon is designed to reflect the potential returns (unleveraged) of natural gas futures contracts.
- The benchmark for this fund is the near month futures contract that is next to expire, plus futures contracts for the following 11 months (for a total of twelve months).
- Investors looking to invest in commodities without opening a futures account can use commodity ETFs/ETNs as an alternative investment vehicle.