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Teucrium Floats NatGas Fund
Vermont-based Teucrium Trading has launched a new futures-based natural gas exchange-traded fund.
Vermont-basedTeucrium Tradinghas launched a new futures-based natural gas exchange-traded fund (ETF),Index Universereports. TheTeucrium Natural Gas Fundwill 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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