iPath Seasonal Natural Gas ETN (DCNG)

Fund Description

The investment seeks to replicate. net of expenses, the Barclays Capital Natural Gas Seasonal TR index. The index is comprised of a single exchange traded futures contract, except during the roll period when it may be comprised of two futures contracts. However, unlike many commodity indices, the index is composed of a single contract that expires in December and rolls annually. In October of each year the index closes out its position in the current year's December contract and rolls into a Natural Gas futures contract expiring in December of the next calendar year.