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Credit Suisse AG UGAZF

The investment seeks to replicate, net of expenses, three times the performance of the S&P GSCI Natural Gas Index ER. The index comprises futures contracts on a single commodity and is calculated according to the methodology of the S&P GSCI Index.


OTCPK:UGAZF - Post by User

Bullboard Posts
Comment by clm128on Jan 06, 2015 9:22pm
44 Views
Post# 23292425

RE:RE:RE:Safe levels?

RE:RE:RE:Safe levels?well im by no means an expert i was only just shown this pick yeasterday so take what i say with a grain of salt.

the volitility for me makes this a day trader. the fact that natural gas prices can fall while the market is closed and you cant sell your position to minimize lost scares me.

also there is a daily fee to hold this etn, i believe its 1.65% but id have to check. you can find some helpfull info in the prospectus on velocitys website.

Cheers an good luck
Bullboard Posts