A new Barclays Bank ETN with the product name iPath has been tradable on Xetra since Wednesday.
The iPath VSTOXX Mid-Term Futures Total Return ETN offers investors the opportunity to participate in volatility trends on the European equity market. The EURO STOXX 50 Volatility Mid-Term Futures Total Return Index (VSTOXX) reflects the performance of a notional rolling long position in VSTOXX futures with maturities of between four and seven months.
ETN name: iPath VSTOXX Mid-Term Futures Total Return ETN
Asset class: volatility
ISIN: DE000BC2KYE1
Management fee: 0.89 percent
Benchmark: EURO STOXX 50 Volatility Mid-Term Futures Total Return Index
Deutsche Börse’s ETN segment product range currently comprises 35 instruments on volatility, currency and equity indices. ETNs are exchange-traded notes that track the performance of underlying reference indices outside of the commodities sector. They have been tradable on Xetra since December 2009.
Xetra® is a registered trademark of Deutsche Börse AG.
FTSE Mondo Visione Exchanges Index:
Second ETN On EURO STOXX 50 Volatility Index Launched In Deutsche Börse’s ETN Segment - Barclays Bank Extends Its ETN Offering On Volatility Indices
Date 03/11/2010