UNG In Freefall: New Driver, Same Result
March 12, 2010 at 12:21 PM EST
Perhaps no exchange-traded product listed in the U.S. has seen the level of investor interest or been the subject of as much controversy as the United States Natural Gas Fund (UNG). UNG was launched in April 2007, and the fund was moderately successful during its first 18 months, growing to more than $700 million in [...] Related Stories: Will Backwardation Boost UNG? UNL: A Better Natural Gas ETF Than UNG? Daily ETF Roundup: GDX Continues Surge, UNG Continues Freefall