A Gold-Hedged S&P ETN?
January 28, 2010 1:40 pm
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UBS Investment Bank launched today a new ETN linked to the S&P 500 Gold Hedged Index. The UBS E-TRACS S&P 500 Gold Hedged ETN (NYSEArca: SPGH) offers exposure to the S&P 500 while hedging that portfolio against the price of gold. The note is designed for investors worried about inflation and the prospects for a falling dollar. It is the first exchange-traded product offering gold-hedged exposure. UBS has 11 other E-TRACS ETNs covering most commodities out there tracking various UBS Bloomberg CMCI indexes—with the exception of one that tracks the Dow Jones-UBS Commodity Index. ETNs are senior unsecured notes, meaning investments in them are exposed to the credit risk of underwriting bank—in this case, UBS.
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[News] March 15, 2010
First Trust Launches Two Metals Equity ETFs -
[Column/Features] March 11, 2010
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[Hot ETF Topics] March 10, 2010
JP Morgan To Launch New Family Of ETFs J.P. Morgan, the fittest of Wall Street's survivors after the crash, has decided it's time to mix it up with a growing field of competitors in the red-hot ETF industry. -
[Hot ETF Topics] March 09, 2010
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[Hot ETF Topics] March 08, 2010
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SPIVA In Focus
Dave Nadig and Matt Hougan talk about what they'd like to see in the next index vs. active scorecard. See All
