Opening and Closing Bell on Wall Street
United States Commodity Funds LLC (NYSE Arca-Listed CPER) visits the NYSE to mark the fund's listing. In honor of the occasion, Chief Investment Officer John Hyland rings The Opening BellSM. Joining John Hyland is Professor Geert Rouwenhorst of Yale University, who is a partner at Summerhaven Investment Management. Summerhaven is the index provider for both CPER and the United States Commodity Index Fund.
About United States Commodity Funds LLC (NYSE Arca: CPER)
United States Commodity Funds LLC is a leading provider of 10 commodity exchange traded funds ("ETFs") currently listed on NYSE Arca, including, United States Oil Fund, LP, United States Natural Gas Fund, LP and United States Gasoline Fund, LP. The ETFs are designed to track the movements in prices of different commodity futures. United States Commodity Funds is also the manager of the United States Commodity Index Fund, which tracks the Summerhaven Dynamic Commodity Index. United States Commodity Funds LLC is registered with the CFTC as a commodity pool operator and has approximately $2.9 billion in assets under management as of December 31, 2011. (Source: United States Commodity Funds LLC)