05-10-2016, 06:07 PM
For those of you who want to ride on the oil rally, you might want to consider this counter. This ETF "invests primarily in listed crude oil futures contracts and other oil-related futures contracts, and may invest in forwards and swap contracts. These investments will be collateralized by cash, cash equivalents, and US government obligations with remaining maturities of two years or less."
Aside from the expense ratio 0.75%, there's little else to research unlike companies.
The interesting thing (at least for me) is that the BNO counter is the price of the actual trade-able ETF, while the intra-day NAV pricing is on the BNO.IV counter.
Question: The BNO price is easily found on your broker's live price charts, but anyone knows where to get the live (or near-live) price of the BNO.IV? Yahoo has them both but they're 15mins delayed. Anyone can help?
Fund details
http://www.unitedstatescommodityfunds.co...p?fund=BNO
BNO quote (Yahoo)
http://finance.yahoo.com/quote/BNO/?p=BNO
BNO.IV quote (Yahoo)
http://finance.yahoo.com/quote/%5EBNO-IV?p=%5EBNO-IV
Aside from the expense ratio 0.75%, there's little else to research unlike companies.
The interesting thing (at least for me) is that the BNO counter is the price of the actual trade-able ETF, while the intra-day NAV pricing is on the BNO.IV counter.
Question: The BNO price is easily found on your broker's live price charts, but anyone knows where to get the live (or near-live) price of the BNO.IV? Yahoo has them both but they're 15mins delayed. Anyone can help?
Fund details
http://www.unitedstatescommodityfunds.co...p?fund=BNO
BNO quote (Yahoo)
http://finance.yahoo.com/quote/BNO/?p=BNO
BNO.IV quote (Yahoo)
http://finance.yahoo.com/quote/%5EBNO-IV?p=%5EBNO-IV