AMEX: BNO       US Brent Oil
Last Price Today's Change   Day's Range   Trading Volume
19.07   0.00 (0.00%)  0.00 - 0.00  0


Avg Volume (4 weeks):561,255
4 Weeks Range:17.84 - 19.46
4 Weeks Price Volatility (%):
52 Weeks Range:14.58 - 21.31
52 Weeks Price Volatility (%):
Average Price Target:-


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Business Background

The United States Brent Oil Fund, LP (BNO) is a commodity pool that issues limited partnership interests traded on the NYSE Arca, Inc. BNO is an exchange traded security designed to track the daily price movements of Brent crude oil. The investment objective of BNO is for the daily changes in percentage terms of its shares' per share net asset value to reflect the daily changes in percentage terms of the spot price of Brent crude oil, as measured by the daily changes in the price of the futures contract for Brent crude oil traded on the ICE Futures Europe Exchange (ICE Futures). The net assets of BNO consist primarily of investments in futures contracts for crude oil, diesel-heating oil, gasoline, natural gas and other petroleum-based fuels that are traded on the ICE Futures, the NYMEX, or other United States and foreign exchanges. BNO may invest in forwards and swap contracts.

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