iPath S&P GSCI Crude Oil Tot Ret Idx (OIL)
OIL: iPath S&P GSCI Crude Oil Tot Ret Idx
The investment is linked to the performance of the Goldman Sachs Crude Oil Return index and reflects the returns that are potentially available through an unleveraged investment in the futures contacts comprising the index plus the Treasury bill rate of interest that could be earned on funds committed to the trading of the underlying contracts. The index is derived from the West Texas Intermediate (WTI) crude oil futures contract traded on the New York Mercantile Exchange. The fund is non-diversified.
