Name of ETN: iPath Bloomberg Softs Subindex Total Return ETN
Benchmark Index: Bloomberg Softs Subindex Total Returns
Ticker Symbol: JJS
Underlying Commodity Exposure: This ETN is designed to move in the same direction as the price of soft commodities (sugar, coffee and cotton).
ETN Highlights:
- The index this ETN is based upon is designed to reflect the potential returns (unleveraged) of future contracts on soft commodities.
- 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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