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To: Jopps who wrote (35808)	8/1/2012 6:14:02 PM
From: Sergio H	1 Recommendation Read Replies (1) \| Respond to of 221768

Jopps, UNG is similar to what GZ does with tracking the S & P futures contract. That's what this says but my sentence is in English. The investment objective of UNG is for the daily changes in percentage terms of its units' per unit net asset value ("NAV") to reflect the daily changes in percentage terms of the spot price of natural gas delivered at the Henry Hub, Louisiana as measured by the daily changes in the price of the Futures Contract on natural gas traded on the NYMEX that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire (the "Benchmark Futures Contract"), less UNG's expenses. unitedstatesnaturalgasfund.com I don't trade UNG but its gives good info on the price of ng.