WALNUT CREEK, Calif., Aug. 9, 2023 /PRNewswire/ -- USCF today announced it has launched the USCF Sustainable Commodity Strategy Fund (ZSC). The Fund seeks total return by providing broad exposure to commodities across three different sustainability focused themes: agriculture, renewable energy and electrification. ZSC is an actively managed exchange traded fund (ETF).
"We believe that ZSC offers investors the opportunity to capture the benefits of commodities through a new lens," said John Love, President and CEO of USCF. "ZSC delivers commodity exposure oriented toward the agriculture needed to feed the world's growing population, renewable energy and the electrification metals poised to benefit from secular growth tied to the energy transition."
The fund seeks to achieve a "net-zero" carbon footprint by purchasing carbon offset investments in an amount equal to the estimated aggregate carbon emissions of the fund's holdings.
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. Over the next decade, 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.
ZSC 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. Funds distributed by ALPS Distributors, Inc.
SOURCE USCF Investments
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