The investment seeks return linked to the performance of the Bloomberg Platinum Subindex Total ReturnSM. The ETN offers exposure to futures contracts and not direct exposure to the physical commodities. The index is composed of one or more futures contracts on the relevant commodity the index components and is intended to reflect the returns that are potentially available through 1 an unleveraged investment in those contracts plus 2 the rate of interest that could be earned on cash collateral invested in specified Treasury Bills. The ETN offers exposure to futures contracts and not direct exposure to the physical commodities. The index is composed of one or more futures contracts on the relevant commodity (the index components) and is intended to reflect the returns that are potentially available through (1) an unleveraged investment in those contracts plus (2) the rate of interest that could be earned on cash collateral invested in specified Treasury Bills.
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Last Trade Date Time: | 12/31/1969 07:00:00 pm |
News | Barclays Bank PLC (NYSE:PGMB)
If you've read my articles recently you know that I've gone into precious metals. I'm not too positive on the world economy. This doesn't mean the world economy will do poorly, but it does mean there is a lot of uncertainty (trade war, high corporate debt, high federal debt, possible negative ...
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