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 ETNAsset class: volatilityISIN: DE000BC2KYE1Management fee: 0.89 percentBenchmark: EURO STOXX 50 Volatility Mid-Term Futures Total Return Index
Deutsche Brse’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.
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