USCF Gold Strategy Plus Income Fund (Ticker: USG) Overview
Investment Strategy
The Fund seeks to achieve its investment objective by maintaining substantial economic exposure to the performance of the Gold Markets (physical gold and gold futures markets) by investing in: i) negotiable warehouse receipts, called warrants (Gold Warrants), evidencing ownership of specific gold bars stored in licensed depositories in and around New York City, and ii) fully margined and collateralized gold futures contracts. Also, to obtain the desired economic exposure, the Fund may transact in other gold-related derivative instruments such as cash-settled options, forward contracts, options on futures contracts, and other options (Gold Interests).
The Fund may invest in Gold Investments (Gold Warrants and Gold Interests) directly or indirectly through the investments of its wholly-owned subsidiary incorporated in the Cayman Islands. However, the Fund primarily gains exposure to the Gold Markets through the Gold Investments made by the Subsidiary. The Subsidiary, which has the same investment objective as the Fund, is advised by the Adviser and sub-advised by SummerHaven Investment Management, LLC.
The Fund will only invest in COMEX Gold Warrants and gold futures through the Subsidiary. The percentage of the Fund’s assets invested in the Subsidiary will be limited to 25%.
The Fund is not an index ETF and is actively managed. The Fund is “non-diversified,” as that term is defined in the 1940 Act. Investors should be aware that the Fund’s investment objective is not for its NAV per share to equal the spot prices of the gold underlying its Gold Investments or the prices of any particular group of futures contracts, and investors should not expect changes in the Fund’s performance to track changes in such spot prices.
Reasons to Consider USG
1) USG provides exposure to the price of gold while generating quarterly dividend income, without a K-1.
2) USG is actively managed, integrating our research in commodities, fixed income and covered call options strategies.
3) USG offers diversification to traditional portfolio holdings such as stocks and bonds while serving as a hedge during periods of financial distress and rising inflation.
https://www.uscfinvestments.com/usg
#Commodities #Metals #Gold
*Disclosure*
*Investing involves risks, including loss of principal.*
*ETP Disclosures: Download a copy of a Fund’s Prospectus by clicking one of the following: USCI, USO, USL, BNO, UNG, UNL, UGA, CPER. Please read any Prospectus carefully before investing. These Funds are not mutual funds or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and are not subject to regulation thereunder.*
*Commodity trading is highly speculative and involves a high degree of risk. Commodities and futures generally are volatile and are not suitable for all investors. Investing in commodity interests subject each Fund to the risks of its related industry. An investor may lose all or substantially all of an investment. These risks could result in large fluctuations in the price of a particular Fund’s respective shares. Funds that focus on a single sector generally experience greater volatility.*
*ETF Disclosures: Download a copy of a fund’s Prospectus by clicking one of the following: ALUM, USG, SDCI, UDI, UMI, USE, ZSB, ZSC. Please read any Prospectus carefully before investing.*
*ALUM, USE, ZSB and ZSC are new and have limited operating history.*
*Funds distributed by ALPS Distributors, Inc.*
