FYI: Today, USCF, the firm behind a host of well-known exchange-traded commodity products, has jumped onto the “K-1 Free” trend that is reshaping the commodity ETF space. The USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI), though technically actively managed, is designed to track the same index as that of the United States Commodity Index Fund (USCI).
SDCI comes with an expense ratio of 0.80% and lists on the NYSE Arca.
Regards,
Ted
http://www.etf.com/sections/daily-etf-watch/another-firm-joins-k-1-free-trend
