USG

USCF GOLD STRATEGY PLUS INCOME FUND

$41.38
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The USCF Gold Strategy Plus Income Fund (USG) seeks to provide investors with exposure to the gold market while also generating income through the use of options strategies.

Overview

ETF tracking USCF GOLD STRATEGY PLUS INCOME FUND

Category Commodities
Issuer Other
Inception Date 2021-11-03
Market Cap $18.6M
Average Volume N/A
Dividend Yield 2.20%
52-Week Range $28.76 - $42.20
VWAP $41.69

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The USCF Gold Strategy Plus Income Fund (USG) seeks to provide investors with exposure to the gold market while also generating income through the use of options strategies.

🎯 Investment Strategy

The fund invests primarily in gold futures contracts and uses an options-based strategy to generate income. The options strategy involves selling covered call options on the gold futures positions to generate premiums.

✨ Key Features

  • Provides exposure to the gold commodity market
  • Utilizes an options-based strategy to generate income
  • Aims to provide a total return through a combination of gold price appreciation and option premium income
  • Actively managed by experienced commodity and options specialists

⚠️ Primary Risks

  • Commodity price risk: The value of the fund's gold futures positions can be volatile and subject to market fluctuations
  • Options strategy risk: The options-based income generation strategy may not be successful, and can expose the fund to potential losses
  • Liquidity risk: The fund may have difficulty buying or selling certain investments, particularly in volatile market conditions
  • Management risk: The fund's performance depends on the skill of the portfolio managers in executing the investment strategy

👤 Best For

The USCF Gold Strategy Plus Income Fund may be suitable for investors seeking exposure to the gold market with the potential for additional income generation. However, the fund's options-based strategy introduces additional risks, so it is best suited for investors with a higher risk tolerance and a longer-term investment horizon.