FactorShares 2X: Oil Bull/S&P500 Bear (FOL)

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Fund Description

The invest seeks to replicate, net of the expenses, twice the daily return of the S&P Crude Oil - Equity Spread Total Return index. The S&P Crude Oil – Equity Spread Total Return index is a spread index reflecting the difference in daily return between the crude oil and U.S. equity market segments by tracking a long position in the front month Light Sweet Crude Oil futures and a short position in the front month E-mini S&P 500 Stock Price index futures. The fund will primarily establish a leveraged long position in Light Sweet Crude Oil futures and a leveraged short position in the E-mini S&P 500 Stock Price index futures.

Fund Snapshot Updated 05.22.2013

Previous Close $6.24 Expense Ratio 0.75%
YTD Return 36.0% Avg. 30-Day Volume 971
1-Year Return 56.4% Market Cap Loading...
Bid $6.23 Shares Outstanding 200,000
Ask $6.26 Dividends $0.00
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