USCF ETF Trust - USCF Gold Strategy Plus Income Fund (GLDX)

Overview

The described company operates as a fund adviser with a specific focus on investments in the gold market. Its primary investment objective is to achieve substantial economic exposure to the performance of the physical gold and gold futures markets. This is pursued with an approach that involves investing directly in COMEX Gold Warrants and gold futures, but strictly through a subsidiary. This particular investment focus illustrates a strategic preference for gold as a significant component of the fund's assets, likely due to gold's historical role as a hedge against inflation and currency devaluation. It's important to note that the fund is characterized as non-diversified, meaning it may invest more of its assets in fewer issuers than diversified funds, potentially increasing risk but also allowing for more targeted exposure to the gold market.

Products and Services

• COMEX Gold Warrants Investments
  

  This product focuses on investing in COMEX Gold Warrants, which are securities that confer the right but not the obligation to buy gold at a predetermined price before a certain date. This type of investment allows the fund to have direct exposure to the price movements of physical gold, leveraging the potential gains from rises in gold prices while also bearing the risk of price declines.

• Gold Futures Investments
  

  Through its subsidiary, the fund invests in gold futures, contractual agreements to buy or sell gold at a future date at a price that is determined today. This method serves to hedge against gold price volatility, aiming to profit from future price movements. By investing in gold futures, the fund seeks to enhance its exposure to the gold market's dynamics without the necessity of holding physical gold, providing a level of liquidity and flexibility in its investment strategy.