U.S. natural gas futures were lower following three sessions of gains with the market weighing the weather outlook and the pick-up in LNG exports against ample storage and expectations of higher production.
U.S. natural gas futures were steady with a milder near-term weather outlook partly compensated by recovering LNG feedgas flows.
U.S. natural gas futures were lower ahead of the EIA's weekly inventory report with the market continuing to move in tandem with shifts in the weather outlook.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Brian Dechow SWAN Capital LLC | 32.5 | $1,047.99 | $707.52 | -$340.47 | -32.49% |
Christopher C. Powers Farther Finance Advisors, LLC | 250 | $8,060 | $5,602.5 | -$2,457.5 | -30.49% |
Jae Cho Marex Group plc | 11,637.5 | $526,967.94 | $249,333.44 | -$277,634.5 | -52.69% |
NICOLE MARTIN Arlington Trust Co LLC | 2 | $55 | $42.85 | -$12.15 | -22.09% |
Kevin Bresler TD Waterhouse Canada Inc. | 5 | $161.2 | $106.9 | -$54.3 | -33.68% |
| ARCA Exchange | US Country |
The fund aims to achieve its investment objective by primarily investing in Natural Gas futures contracts. It is designed to provide investors with a way to gain exposure to the price movements of Natural Gas. Recognizing the volatility and unpredictability of the commodities market, the fund is also prepared to invest in swaps as alternative instruments under certain conditions. Such conditions include emergencies like natural disasters or terrorist attacks, disruptions like trading halts or flash crashes, or situations deemed by the Sponsor as impractical or inadvisable for futures trading. These provisions allow the fund to maintain flexibility and pursue its investment objective despite market unpredictability or illiquidity.
The primary investment vehicle of the fund, these contracts are agreements to buy or sell a specific amount of natural gas at a predetermined price on a set future date. By investing in these contracts, the fund seeks to capitalize on price movements in the natural gas market.
As a secondary investment strategy, the fund may invest in swaps, particularly in scenarios where the futures market is disrupted or investing directly in futures contracts is not considered practical or advisable. Swaps are financial derivatives that allow the fund to exchange the cash flows or other financial assets with another party. This could be used as a way to hedge against market volatility, manage risk, or gain exposure to natural gas prices under less conventional circumstances.