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VelocityShares 3X Long Natural Gas ETN

Name of ETN: VelocityShares 3X Long Natural Gas ETN

Benchmark Index: S&P GSCI Natural Gas Index ER

Ticker Symbol: UGAZ

Daily Target: 3x (daily performance of benchmark index).

Underlying Commodity Exposure:  This ETN allows investors to take a leveraged position on the S&P GSCI Natural Gas Index ER.  In the case of this ETN, the multiplier is 3x (300%). This means the ETN is seeking a daily target equal to 300% of the S&P GSCI Natural Gas Index ER.

Related Links:

VelocityShares Website