SPGH - E-TRACS S&P 500 Gold Hedged ETN

  • Issuer: UBS
  • Gold ETF Type:
  • Asset Class: Equity
  • ETF Home Page: view
  • Leverage: No
  • Inverse: No
  • Expense Ratio: 0.85%
  • Inception Date: 2010-01-27
Index: S&P 500 Gold Hedged Index
Index Description: The S&P 500 Gold Hedged Index seeks to simulate the combined returns of investing equal dollar amounts in the S&P 500 Total Return Index and long positions in near-term exchange-traded COMEX gold futures contracts, providing exposure to U.S. large-cap equities along with a potential hedge against periodic declines in the value of the U.S. dollar, as expressed in the corresponding increases in the price of gold.