United States Commodity Funds LLC announces four of its Exchange Traded
Commodity Funds are available to trade commission-free in the new Schwab ETF
OAKLAND, Calif., Feb. 7, 2013
OAKLAND, Calif., Feb. 7, 2013 /PRNewswire/ -- United States Commodity Funds
LLC announces that four of its exchange traded commodity funds; United States
Commodity Index Fund (ticker: USCI), United States 12 Month Oil Fund, LP
(ticker: USL), United States Gasoline Fund, LP (UGA), and the United States 12
Month Natural Gas Fund, LP (UNL), will trade commission-free on the recently
announced Schwab ETF OneSource™ platform.
Charles Schwab & Co. announced earlier today that Schwab clients can now buy
and sell 105 ETFs with $0 online trade commissions. They also stated that all
major asset classes are included in the offering, with funds from six leading
providers, including the United States Commodity Funds. Schwab clients who buy
and sell ETFs on the Schwab ETF OneSource platform will pay the exact same
operating expense ratio (OER) they would elsewhere, but without paying a
USCF's Chief Investment Officer John Hyland, CFA stated: "The availability of
these products on Schwab ETF OneSource should make these products even more
affordable for investors. Those of us who have been around the mutual fund
world for a long time remember the positive impact that the mutual fund
version of OneSource had on investors and advisors. We hope the ETF version
will have a similar impact." He added: "We're pleased to be included in the
lineup of available funds and look forward to working closely with Schwab now
and in the future."
USCF is the sponsor and general partner of a group of 12 exchange-traded
commodity related products. The funds, not all of which are currently
available commission free on the Schwab ETF OneSource ^ platform, include:
United States Oil Fund, LP (USO), United States Natural Gas Fund, LP (UNG),
United States Commodity Index Fund (USCI), United States Agriculture Index
Fund (USAG), United States Metals Index Fund (USMI), United States Copper
Index Fund (CPER), United States 12 Month Oil Fund, LP (USL), United States 12
Month Natural Gas Fund, LP (UNL), United States Gasoline Fund, LP (UGA),
United States Diesel-Heating Oil Fund, LP (UHN), United States Short Oil Fund,
LP (DNO), United States Brent Oil Fund, LP (BNO).
For a prospectus or additional information, please call 800-920-0259, write to
ALPS Distributors, Inc, 1290 Broadway, Suite 1100, Denver, CO 80203 or to
download a copy of the prospectus: for the United States Oil Fund, LP, visit
www.unitedstatesoilfund.com/uso-prospectus.php, for the United States 12 Month
Oil Fund, LP, visit
for the United States Short Oil Fund, LP, visit
www.unitedstatesshortoilfund.com/dno-prospectus.php, for the United States
Brent Oil Fund, LP, visit
for the United States Natural Gas Fund, LP, visit
www.unitedstatesnaturalgasfund.com/ung-prospectus.php, for the United States
12 Month Natural Gas Fund, LP, visit
www.unitedstates12monthnaturalgasfund.com/unl-prospectus.php, for the United
States Gasoline Fund, LP, visit
www.unitedstatesgasolinefund.com/uga-prospectus.php, for the United States
Heating Oil Fund, LP, visit
www.unitedstatesheatingoilfund.com/uhn-prospectus.php for the United States
Commodity Index Fund, visit
www.unitedstatescommodityindexfund.com/usci-prospectus.php, for the United
States Copper Index Fund, visit
www.unitedstatescopperindexfund.com/cper-prospectus.php, for the United States
Agriculture Index Fund, visit
www.unitedstatesagricultureindexfund.com/usag-prospectus.php or for the United
States Metals Index Fund, visit
Distributed by ALPS Distributors, Inc.
This material must be preceded or accompanied by a prospectus. Please read it
carefully before investing or sending money.
Commodities and futures generally are volatile and are not suitable for all
investors. These funds are speculative and involve a high degree of risk. An
investor may lose all or substantially all of an investment in these funds.
Some funds that focus on a single sector generally experience greater
None of the above mentioned funds are a registered investment company so
investors do not have the protections of the Investment Company Act of 1940,
as amended, and these funds are not subject to regulations thereunder.
Accordingly, you do not have the protections afforded by that statute which
include, for example: (1) controls over activities of an investment company's
investment adviser; (2) an express private right of action for shareholders;
(3) restrictions on transactions between the fund and the adviser; (4)
restrictions on investments; (5) regulation of adviser services and fees; and
(6) capital structure requirements, including restrictions on debt.
Investing in commodity futures interests subjects these funds to the risks of
the commodities industry and this could result in large fluctuations in the
price of these funds' units.
The price of a fund's units may be influenced by factors such as the
short-term supply and demand for commodity futures and the short-term supply
and demand for these units. This may cause the units to trade at a price that
is above or below these funds NAV per unit. Accordingly, daily changes in the
price of units may substantially vary from the daily changes in the value of
the benchmark futures contract. If this variation occurs, then you may not be
able to effectively use these funds as a way to indirectly invest in changes
in the price of commodities.
For further discussion of these and additional risks associated with an
investment in any of these units, see the prospectus that has preceded or
accompanied this announcement, downloaded at
Not FDIC insured, may lose value, no bank guarantee.
An investment in any of these funds is not suitable for all investors.
Commodity trading is highly speculative and these funds are not suitable for
all investors. These funds are likely to be volatile and could suffer from
periods of prolonged decline in value.
Units are not individually redeemable and the owners of Units may purchase or
redeem Units from a Fund in Creation/Redemption Units only.
Schwab ETF OneSource is a trademark of Charles Schwab & Co., Inc. Used with
USO 000715 exp. April 30, 2013
SOURCE United States Commodity Funds LLC
Contact: Katie Rooney, +1-614-775-1246, email@example.com
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