UGA – United States Gasoline – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks the daily changes in percentage terms of the spot price of gasoline. The fund invests in futures contracts for gasoline, other types of gasoline, crude oil, diesel-heating oil, natural gas and other petroleum-based fuels. The Benchmark Futures Contract is the futures contract on gasoline as traded on the New York Mercantile Exchange that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
UGA	United States Gasoline Fund, LP	ETF	Open	—	—	Feb 26, 2008	$193.22M	1.080%	—	—	$9.56M
UGA	United States Gasoline Fund, LP	ETF	Open	—	—	Feb 26, 2008	—	1.080%	—	—	—

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