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ETF
United States Brent Oil Fund, LP is an exchange traded fund launched and managed by United States Commodity Funds LLC. The fund invests in the commodity markets. It invests through derivatives in brent crude oil, heating oil, gasoline, natural gas and other petroleum-based fuels. It employs market neutral strategy and uses derivatives such as futures to create its portfolio. The fund seeks to track the daily changes in the spot price of brent crude oil as traded on the ICE Futures Europe Exchange. United States Brent Oil Fund, LP was formed on September 2, 2009 and is domiciled in the United States.
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