UGBP Stock, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E159 Information
Stock Information
| Company Name: | Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E159 |
| Stock Symbol: | UGBP |
| Market: | NYSE |
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About Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E159
The investment seeks to track the daily performance of the VelocityShares Daily 4X Long GBP vs. USD Index. The index is designed to provide 4 times leveraged exposure, reset daily, to changes in the spot exchange rate between an underlying pair of currencies consisting of the U.S. dollar and a foreign currency. It provides long exposure to one currency (the long currency) in the underlying currency pair relative to the other currency (the reference currency). The fund is non-diversified.