UGA seeks to manage its portfolio such that the average daily changes in its Net Asset Value ("NAV") over any rolling 30 day periods is within 10%+/- of the average daily change in the price of the Benchmark Gasoline Futures Contract(s)*.
30-Day Period Ending
AVERAGE DAILY RETURN
Difference (Absolute)
Difference (As a Ratio)***
Benchmark
USO's NAV**
7/31/08
(0.402%)
(0.398%)
0.004%
0.334
Since Inception****
AVERAGE DAILY RETURN
Difference (Absolute)
Difference (As a Ratio)***
Benchmark
USO's NAV**
7/31/08
0.142%
0.145%
0.003%
0.692
Past performance is not necessarily indicative of future results.
* The Benchmark Gasoline Futures Contract is the near month futures contract for gasoline. When the near month contract is within two weeks of expiration, the Benchmark Gasoline Futures Contract will become the next contract to expire.
** Changes in U.S. Gasoline Fund's NAV in percentage terms are intended to closely track the changes in percentage terms in the price of a specified Gasoline Futures Contract.
*** Measures the absolute difference (the difference in UGA's average daily return versus the Benchmark's average daily return) as a percentage of the Benchmark's average daily return during the relevant period.
**** UGA commenced operations on 2/26/2008.
For a copy of the Prospectus contact:
ALPS Distributors, Inc., 1290 Broadway, Suite 1100, Denver, Colorado 80203 or call 1.800.920.0259, option 4 or Click Here.
This investment may not be suitable for all investors.
For further discussion of these and additional risks associated with an investment in UGA units, Click Here.
Investing in oil interests subjects UGA to the risks of the gasoline industry. These risks could result in large fluctuations in the price of UGA’s units. An investor could lose all or substantially all of his/her investment. The United States Gasoline Fund is distributed by ALPS Distributors, Inc.
