The Teucrium Natural Gas Fund (NAGS Fund) began trading as an exchange-traded fund on the New York Stock Exchange (NYSE) Arca Tuesday, seeking to avoid the pitfalls that have dogged an existing natural gas commodity fund by basing daily changes in its net asset value (NAV) on a weighted average of the New York Mercantile Exchange (Nymex) Henry Hub quotes for the four shoulder months instead of just the front month.
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New Natural Gas Commodity Fund Holds Shoulder Month Contracts
The Teucrium Natural Gas Fund (NAGS Fund) began trading as an exchange-traded fund on the New York Stock Exchange (NYSE) Arca Tuesday, seeking to avoid the pitfalls that have dogged an existing natural gas commodity fund by basing daily changes in its net asset value (NAV) on a weighted average of the New York Mercantile Exchange (Nymex) Henry Hub quotes for the four shoulder months instead of just the front month.
February 2, 2011
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