iPath has launched a new natural gas exchange-traded note (ETN), Business Insider reports. The Seasonal Natural Gas ETN is the fifth product that offers investors exposure to natural gas futures contracts. The fund will be linked to the Barclays Capital Natural Gas Seasonal TR Index, a benchmark that is designed to reflect the returns that are potentially available by maintaining an unleveraged investment. The index is made up of a single contract that expires in December and rolls annually.
Click here for the story from Business Insider.