UBS E-TRACS S&P 500 Gold Hedged ETN (SPGH)
- Commodity | Gold Oriented Funds
The investment seeks to replicate, net of expenses, the S&P 500 Gold Hedged Index. The index seeks to replicate the returns of an investment of equal dollar amounts in the S&P 500 Total Return index and long positions in near-term exchange-traded COMEX gold futures contracts. It may provide a hedge against periodic declines in the value of the U.S. dollar, as expressed in the corresponding increases in the price of gold.
Fund Snapshot Updated 05.21.2013
|Previous Close||$49.72||Expense Ratio||0.85%|
|YTD Return||3.9%||Avg. 30-Day Volume||8,444|
|1-Year Return||11.7%||Market Cap||Loading...|