The Fund seeks to have the changes in percentage terms of the units' net asset value reflect the changes in percentage terms of the price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the changes in the average of the prices of 12 Futures Contracts.
|No Sector Breakdown Information|
|No Top 10 Holdings Information|
|Name||United States 12Mo Oil|
|Total Net Assets||149.60|
|Sub Asset Class||Commodities Energy Funds|
|Number Of Holdings||n/a|
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Evergrande's default saga, as well as mounting supply chain issues, have stocks on the back foot Friday, with Wall Street futures slipping modestly into the red.
Nike's cut its full year sales forecast, and warned of delays over the holiday season, after missing Q1 revenue forecasts owing to supply chain disruptions in Asia.
Costco said it will limit purchases of certain 'key' items in the months ahead amid what it called an "uptick in Delta-related demand" following solid fourth quarter earnings.
China's central bank, the PBOC, said Friday that all forms of cryptocurrency trading and financing are 'illegal activities that are strictly prohibited'.
Stock futures dip as Evergrande triggers caution, Evergrande misses dollar bond debt payment; Nike warns on supply chain delays; Costco to limit key item purchases; China bans all cryptocurrency trading.