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ETFS Natural Gas ETC NGAS:LSE:USD

bruncher
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ETFS Natural Gas ETC NGAS:LSE:USD

#103861

Postby bruncher » December 13th, 2017, 10:34 am

Can anyone help a simple man (me) understand why the unit price of this ETF in natural gas would be down today and yesterday, given supply problems in Europe? Is Europe such a tiny fraction of the global market that problems here are immaterial?

BobGe
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Re: ETFS Natural Gas ETC NGAS:LSE:USD

#104029

Postby BobGe » December 14th, 2017, 5:36 am

In short, tracks US Gas.

ETFS Natural Gas
NGAS
Investment Objective
ETFS Natural Gas (NGAS) is designed to enable investors to gain an exposure to a total return investment in natural gas by tracking the
Bloomberg Natural Gas Subindex (the "Index") and providing a collateral yield
https://www.etfsecurities.com/documents ... -%20en.pdf

https://www.bloomberg.com/quote/BCOMNGTR:IND
https://www.bloomberg.com/quote/NGAS:LN

2 mins with Google ;)


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