United States Brent Oil Fund (NYSEMKT: BNO)
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United States Brent Oil Fund Returns vs. S&P
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United States Brent Oil Fund Company Info
The investment seeks to replicate net of expenses the daily changes in percentage terms of the spot price of Brent crude oil as measured by the changes in the price of the futures contract on Brent crude oil as traded on the ICE Futures Exchange.
News & Analysis
The interim nuclear deal with Iran is scheduled to end on July 20. With a deal unlikely, more threats to limit Iranian crude exports are likely, adding upward pressure to the Brent spot price.
The oil futures market is now much more favorable for futures-tracking ETFs.
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Calculated by Time-Weighted Return since 2002. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns.
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