Name of ETN: iPath Dow Jones-AIG Aluminum Total Return Sub-Index ETN
Benchmark Index: Bloomberg Aluminum Subindex Total Return
Ticker Symbol: JJU
Underlying Commodity Exposure: This ETN is designed to move in the same direction as the price of aluminum.
ETN Highlights:
- The index this ETN is based upon is designed to reflect the potential returns (unleveraged) of future contracts on aluminum.
- Investors looking to invest in commodities without opening a futures account can use commodity ETFs/ETNs as an alternative investment vehicle. Investors should be aware that investing in ETNs is not the same as owning interests in the commodities futures contracts as there is no principal protection.
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