Benchmark Index: Barclays Inverse US Treasury Futures Aggregate Index
Ticker Symbol: TAPR
Strategy: This ETF is designed to track the performance of the Barclays Inverse US Treasury Futures Aggregate Index. The index is designed to track the sum of the returns of periodically rebalanced short positions in equal face values of each of the following: 2-year, 5-year, 10-year, long-bond and ultra-long U.S. Treasury futures contracts. The ETN is designed to go up if the price of the Treasury futures contracts decline and go down if the price of the Treasury futures contracts increase.
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