USCF Launches The United States 3X Oil Fund and The United States 3X Short Oil Fund (Tickers: USOU, USOD)

OAKLAND, Calif., July 20, 2017 /PRNewswire/ -- Today, USCF launched the United States 3X Oil Fund (USOU) and the United States 3X Short Oil Fund (USOD).  Both funds are exchange-traded products that issue shares that may be purchased and sold on the NYSE Arca.  USOU seeks a return that is 300% of the return of the West Texas Intermediate ("WTI") light, sweet crude oil futures contract and USOD seeks a return that is -300% of the return of the WTI light, sweet crude oil futures contract.

"Over a decade ago, USCF pioneered the single commodity exchange-traded fund with the launch of the United States Oil Fund (USO).  Our new 3X long and 3X short oil funds offer traders and professionals with strong convictions the opportunity to take more concentrated positions in crude oil," said John Love, President and Chief Executive Officer of USCF. 

USOU and USOD expand the suite of oil-based products offered by USCF.  USCF's existing oil-based exchange traded products include the:

United States 3X Oil Fund (USOU)
United States Oil Fund (USO)
United States Brent Oil Fund (BNO)
United States 12-Month Oil Fund (USL)
United States Short Oil Fund (DNO)
United States 3X Short Oil Fund (USOD)

About USCF
USCF operates on the leading edge of product innovation as an asset management firm offering exchange-traded products (ETPs), exchange-traded funds (ETFs) and mutual funds. 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 specialty products across commodity and equity asset classes. USCF currently manages approximately $4 billion in assets from its headquarters in Oakland, 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.

Definition:
NYSE ARCA: A securities exchange in the U.S. on which stocks and options are traded. The NYSE Arca, previously known as the ArcaEx or Archipelago Exchange, is owned by NYSEEuronext, which merged with Archipelago Holdings in a reverse merger in 2006.

USCF is a registered trademark.  All rights reserved.

John P. Love and Katie Rooney are registered representatives of ALPS Distributors, Inc.

Leveraged and inverse exchange-traded products pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying benchmark over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments.

Commodity ETP Disclosures:
Download a copy of a Fund's Prospectus by clicking one of the following: ( USO, USOU, USL, DNO, USOD, UNG, UNL, UGA, UHN, BNO, USCI, CPER, USAG). Please read any Prospectus carefully before investing.

These Funds are not mutual funds or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and are not subject to regulation thereunder.

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.

Funds distributed by and not affiliated with ALPS Distributors, Inc.

SOURCE USCF

Related Links

http://www.uscfinvestments.com