Vermont-based Teucrium Trading has launched a new futures-based natural gas exchange-traded fund (ETF), Index Universe reports. The Teucrium Natural Gas Fund will hold more than one NYMEX futures contract to control the negative effects that contango can have on returns. The natural gas fund will always hold March, April, October and November Henry Hub natural gas futures contracts on a rolling basis. The portfolio will spread out exposure to gas futures equally over four months.
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