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Description:Natural Gas Fund, LP ("UNL") is an exchange traded security that is designed to track the movements of natural gas prices. UNL issues units that may be purchased and sold on the NYSE Arca. The investment objective of UNL is to have the changes, in percentage terms, of the units%u2019 net asset value (NAV) reflect the changes, in percentage terms, of the spot price of natural gas delivered at the Henry Hub, Louisiana, as measured by the changes in the average of the prices of 12 futures contracts on natural gas traded on the New York Mercantile Exchange consisting of the near month contact to expire and the contracts for the following eleven months, for a total of 12 consecutive months contracts, 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 and the contracts for the following eleven consecutive months, less UNL's expenses.
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