USCF Announces Launch of the USCF Energy Commodity Strategy Absolute Return Fund (Ticker: USE)

WALNUT CREEK, Calif., May 4, 2023 /PRNewswire/ -- USCF today announced it has launched the USCF Energy Commodity Strategy Absolute Return Fund (USE). USE seeks long-term total return by using a proprietary methodology to invest in and allocate among energy-related derivative instruments based upon oil, petroleum, and natural gas, as well as other energy-related derivative instruments. USE is an actively managed exchange traded fund (ETF).

"After 17 years of managing commodity ETFs, we are excited to launch a fund that uses that experience," said John Love, President and CEO of USCF. "USE provides long, short, or spread exposure to the energy sector using our proprietary quantitative methodology."

Commodities offer the potential to earn returns that are uncorrelated to traditional portfolios.

About USCF

USCF operates on the leading edge of exchange-traded product (ETP) and exchange-traded fund (ETF) innovation. The firm broke new ground with the launch of the first oil ETP, the United States Oil Fund, LP (USO), in 2006. Since then, USCF designed and issued thirteen more ETPs and ETFS across commodity and equity asset classes. USCF Advisors, LLC, an affiliate of USCF, serves as the investment adviser to the Fund. USCF and its affiliates currently manage approximately $4 billion in assets from their headquarters in Walnut Creek, California.

Forward Looking Statements

Statements other than statements of historical facts included in this press release may constitute forward looking statements and are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties, which change over time. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of factors, including those described from time to time in filings by the Company with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

USCF is a registered trademark. All rights reserved.

John P. Love is a registered representative of ALPS Distributors, Inc.

Commodity Fund Disclosures:

Commodity trading is highly speculative and involves a high degree of risk. Commodities and futures generally are volatile and are not suitable for all investors. Investing in commodity interests subject each Fund to the risks of its related industry. An investor may lose all or substantially all of an investment. These risks could result in large fluctuations in the price of a particular Fund's respective shares. Funds that focus on a single sector generally experience greater volatility. For further discussion of these and additional risks associated with an investment in the Funds please read the respective Fund Prospectus before investing.

An investor should consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. To obtain a prospectus containing this and other information, please call 1-800-920-0259 or download the file from www.uscfinvestments.com.

USE is new and has no operating history. 

Diversification does not eliminate the risk of experiencing investment losses. An investment in the fund involves risk, including loss of principle.

ALPS Distributors, Inc. is unaffiliated with USCF Advisers or USCF Investments, a wholly-owned subsidiary of The Marygold Companies, Inc., a publicly traded company. Funds distributed by ALPS Distributors, Inc.

SOURCE USCF Investments