, it could slam the front-month contract. Likewise, anything related to the front-month, such as the United States Natural Gas Fund ETF (UNG), could be under pressure,” Vincent Fernando reports from Business Insider. See related video below:
The investment (UNG) seeks to replicate the performance, net of expenses, of natural gas. The trust will invest in futures contracts on natural gas traded on the NYMEX that is the near month contract to expire. It is nondiversified.
SEE SOME OF OUR OTHER NATURAL GAS ETF STORIES BELOW: