USCF announces two new SummerHaven private equity strategy indexes

By Tali Rackner

Minneapolis, Dec. 4 – USCF announced new SummerHaven Private Equity Strategy index and SummerHaven Private Equity Natural Resources Strategy index, along with the exchange-traded funds that track them, according to a Friday news release.

The newly developed indexes are based on the research of Harvard Business School professor Erik Stafford, “which suggests that an investor is able to reproduce private equity returns by carefully choosing a portfolio of publicly-traded equities that possess characteristics similar to the companies that private equity firms are likely to select for investment, the release said.”

The USCF SummerHaven SHPEI index fund seeks to track the price and yield performance, before fees and expenses, of the SummerHaven Private Equity Strategy index.

The USCF SummerHaven SHPEN index fund seeks to track the price and yield performance, before fees and expenses, of the SummerHaven Private Equity Natural Resources Strategy index.

USCF is an asset management firm based in Oakland, Calif.

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