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The United States Gasoline Fund, LP (UGA) is an exchange-traded commodity fund that invests primarily in gasoline futures and related petroleum-based fuels. Its core business involves tracking daily gasoline price movements for investors seeking exposure or hedging in the gasoline market. Managed by USCF, UGA offers a cost-effective way to gain market exposure, leveraging futures contracts and derivatives to closely follow gasoline price fluctuations.
This description was generated via AI from an annual report. Updated about 1 year ago.