The investment seeks to replicate, net of expenses, three times the daily performance of the S&P GSCI Crude Oil Index ER. The index comprises futures contracts on a single commodity and is calculated according to the methodology of the S&P GSCI Index.
Crude Oil Prices Spike after the 24-Country Agreement, U.S. Producers Are Set to Take a Big Benefit http://www.economiccalendar.com/201...-u-s-producers-are-set-to-take-a-big-benefit/