UGLD Stock, VelocityShares 3x Long Gold ETN Linked to the S&P GSCI® Gold Index ER Information
Stock Information
| Company Name: | VelocityShares 3x Long Gold ETN Linked to the S&P GSCI® Gold Index ER |
| Stock Symbol: | UGLD |
| Market: | NASDAQ |
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About VelocityShares 3x Long Gold ETN Linked to the S&P GSCI® Gold Index ER
The investment seeks to replicate net of expenses three times the SP GSCI Gold index ER. The index comprises futures contracts on a single commodity. The fluctuations in the values of it are intended generally to correlate with changes in the price of gold in global markets. The index comprises futures contracts on a single commodity. The fluctuations in the values of it are intended generally to correlate with changes in the price of gold in global markets.