Name of ETN: VelocityShares 3X Inverse Natural Gas ETN
Benchmark Index: S&P GSCI Natural Gas Index ER
Ticker Symbol: DGAZ
Daily Target: -3x (inverse daily performance of the benchmark index).
Underlying Commodity Exposure: This ETN allows investors to take a leveraged bearish position against the S&P GSCI Natural Gas Index ER. If the S&P GSCI Natural Gas Index ER goes down, this ETN is designed to go up three times the amount the index went down. Conversely, if the S&P GSCI Natural Gas Index ER goes up, this ETN is designed to go down three times the amount the index went up.
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