United States Heating Oil Fund
The United States Heating Oil Fund, LP ("UHN") is a way for investors and hedgers to manage their exposure to energy.
The United States Heating Oil Fund, LP (UHN) is an exchange traded security that is designed to track in percentage terms the movements of heating oil prices. UHN issues units that may be purchased and sold on the NYSE Arca.
The investment objective of UHN is for the changes in percentage terms of its units' net asset value to reflect the changes in percentage terms of the price of heating oil (also known as No. 2 fuel) delivered at the New York harbor as measured by the changes in the price of the futures contract on heating oil traded on the New York Mercantile Exchange that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire, less UHN's expenses.
For a copy of the Prospectus contact: ALPS Distributors, Inc., 1290 Broadway, Suite 1100, Denver, Colorado 80203 or call 800.920.0259 or click here.
UHN is not a mutual fund or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder.
Commodities and futures generally are volatile and are not suitable for all investors. UHN is speculative and involves a high degree of risk. An investor may lose all or substantially all of an investment in UHN. Funds that focus on a single sector generally experience greater volatility.
For further discussion of these and additional risks associated with an investment in UHN units, click here.
Investing in UHN subjects you to the risks of the heating oil industry. These risks could result in large fluctuations in the price of UHN's units. An investor could lose all or substantially all of his/her investment.
The price of units may not accurately track the spot price of heating oil and you may not be able to effectively use UHN as a way to hedge the risk of losses in your heating oil-related transactions or as a way to indirectly invest in heating oil.
Investors buy and sell units in the secondary market (i.e., not directly from UHN). Only "authorized purchasers" may trade directly with UHN, in minimum blocks of 100,000 units.
The United States Heating Oil Fund is distributed by ALPS Distributors, Inc.
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2008-2010 | United States Heating Oil Fund | All rights reserved.
