Savvyshort Geared Natural Gas Fund logo

Savvyshort Geared Natural Gas Fund (NGDN)

Market Closed
17 Jul, 20:00
TSX TSX
CA$
5. 35
0
0%
CA$
- Market Cap
- Div Yield
0 Volume
CA$ 5.35
Previous Close
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Day Range
5.35 5.35
Year Range
2.86 12.01
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Summary

NGDN closed Friday higher at CA$5.35, an increase of 0% from Thursday's close, completing a monthly increase of 22.9885% or CA$1. Over the past 12 months, NGDN stock lost -33.869%.
NGDN is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

NGDN Chart

Savvyshort Geared Natural Gas Fund (NGDN) FAQ

What is the stock price today?

The current price is CA$5.35.

On which exchange is it traded?

Savvyshort Geared Natural Gas Fund is listed on TSX.

What is its stock symbol?

The ticker symbol is NGDN.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, no market cap data is available.

Has Savvyshort Geared Natural Gas Fund ever had a stock split?

No, there has never been a stock split.

Savvyshort Geared Natural Gas Fund Profile

TSX Exchange
Canada Country

Overview

The Savvyshort Geared Natural Gas Fund is an innovative exchange-traded fund (ETF) that provides investors with a unique opportunity to engage with the natural gas markets through leveraged exposure. It is designed for those aiming to amplify the results of their investments by utilizing a geared, or leveraged, strategy to capitalize on the daily price movements of natural gas. This sophisticated investment tool is aimed at bolstering potential gains from both the increases and decreases in natural gas prices, making it a vital asset for participants in the energy sector. Catering primarily to experienced traders and investors, this fund uses financial derivatives and other instruments to enhance its responsiveness to natural gas price changes, thereby offering a powerful vehicle for speculation or hedging in the energy market.

Products and Services

  • Leveraged Exposure to Natural Gas Markets

This service is the cornerstone of the Savvyshort Geared Natural Gas Fund, providing magnified exposure to the movements within the natural gas markets. By adopting a leveraged investment approach, the fund seeks to augment the daily performance of the underlying natural gas futures, making it an attractive option for those looking to invest in the dynamics of energy commodities. This leveraged mechanism is particularly beneficial for investors interested in amplifying their potential returns from market volatility.

  • Financial Derivatives Based Investment Strategies

At the core of its unique offering, the fund utilizes financial derivatives and other related financial instruments to adjust to the rapid changes in natural gas prices. These strategies are meticulously designed to enhance the fund’s sensitivity and responsiveness to market movements, offering investors a sophisticated method to profit from the volatility of the natural gas market. The use of financial derivatives makes it possible for the fund to pursue its geared investment objectives, providing a valuable tool for short-term traders and those looking to hedge against fluctuation in energy prices.

  • Speculation and Hedging Opportunities

The Savvyshort Geared Natural Gas Fund also serves as a crucial instrument for speculation and hedging in the energy sector. Investors and traders utilize the fund to capitalize on short-term price movements in natural gas, employing its leveraged structure to enhance their speculative activities. Meanwhile, entities looking to mitigate risk associated with natural gas price volatility can use the fund as a hedging tool, thereby protecting their portfolios from undesirable price swings. This dual functionality underscores the fund's versatility and its critical role in market strategies focused on natural gas commodities.

Contact Information

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