United States Gasoline Fund, LP (NYSEARCA:UGA) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal YearItem 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
The Third Amended and Restated Agreement of Limited Partnership of the United States Gasoline Fund, LP (“UGA”) was entered into on December 15, 2017 and amends certain tax provisions. In particular, UGA is adjusting the manner in which it applies the monthly allocation convention of profits and losses for shareholders as of January 1, 2018 in conformity with applicable Treasury regulations governing the allocation of profits and losses. The change to the monthly allocation convention and the other changes are reflected in Supplement 2 to the Prospectus dated April 28, 2017, in the updated sections entitled “Allocations of UGA’s Profit and Loss.” located under “ADDITIONAL INFORMATION ABOUT UGA, ITS INVESTMENT OBJECTIVE AND INVESTMENTS”; “U.S. Federal Income Tax Considerations”; “U.S. Shareholders”; “Tax Consequences of Ownership of Shares” and the new section “Tax Agent” located under “ADDITIONAL INFORMATION ABOUT UGA, ITS INVESTMENT OBJECTIVE AND INVESTMENTS,” immediately following the section entitled “Backup Withholding.”
Item 9.01. Financial Statements and Exhibits.
| Exhibit 3.2 |
Third Amended and Restated Agreement of Limited Partnership. |
United States Gasoline Fund, LP ExhibitEX-3.2 2 i17548_ex3-2.htm Exhibit 3.2 UNITED STATES GASOLINE FUND,…To view the full exhibit click here
About United States Gasoline Fund, LP (NYSEARCA:UGA)
United States Gasoline Fund, LP (UGA) is a commodity pool that issues limited partnership interests (shares). The Company is engaged in the trading of futures contracts, options on futures contracts and cleared swaps (derivatives). The investment objective of UGA is for the daily changes in percentage terms of its shares’ per share net asset value to reflect the daily changes in percentage terms of the spot price of gasoline, as measured by the daily changes in the price of the futures contract for gasoline traded on the New York Mercantile Exchange (the NYMEX), that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case the futures contract will be the next month contract to expire, less UGA’s expenses. The Company seeks to achieve its investment objective by investing in a combination of Futures Contracts and Other Gasoline-Related Investments.
