Name of ETN: iPath Dow Jones-UBS Nickel Subindex Total Return ETN
Benchmark Index: Bloomberg Nickel Subindex Total Return
Ticker Symbol: JJN
Underlying Commodity Exposure: This ETN is designed to move in the same direction as the price of nickel.
ETN Highlights:
- The index this ETN is based upon is designed to reflect the potential returns (unleveraged) of future contracts on precious metals 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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