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NGUP

TSX
22.42000 CAD
1.485
6.21%
Last update May 20, 9:49 AM EDT
Market closed
Day range
22.42000
22.42000
Previous close
23.90500
Open
22.42000
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SavvyLong Geared Natural Gas Fund
22.42
1.49
6.21%

Overview

Description

SavvyLong Geared Natural Gas Fund is a type of exchange-traded fund (ETF) designed to offer investors leveraged exposure to natural gas markets. This fund aims to magnify the performance of natural gas prices on a daily basis. By employing financial derivatives and other innovative strategies, the fund allows investors to capitalize on short-term price movements in the natural gas sector. Leverage used in this fund means that it seeks to amplify returns, often doubling the impact of natural gas price changes. It caters primarily to traders and investors looking to actively manage their exposure in the energy sector, particularly those who have a strong understanding of market volatility and the complexities of leveraged investments. In the broader market, the SavvyLong Geared Natural Gas Fund plays a critical role by providing liquidity and a vehicle for speculation or hedging within the volatile natural gas market. As such, it is an integral part of financial strategies for short-term market participants focused on energy commodities.

About

Address
Phone
Website
Instrument type
ETF
Country
Canada
MIC code
XTSE
Market closed

Exchange is currently closed
Pre-market opens in 9 hours 27 minutes

22:32
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23:59

Trading Hours (Monday - Friday):

Pre-market
08:00 - 09:30
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09:30 - 16:00
Post-market
16:00 - 17:00
All times are displayed in the America/Toronto timezone (EDT, UTC-04:00).