Name of ETN: iPath Bloomberg Agriculture Subindex Total Return ETN
Benchmark Index: Bloomberg Agriculture Subindex Total Return
Ticker Symbol: JJA
Underlying Commodity Exposure: This ETN is designed to move in the same direction as commodities in the agricultural sector (corn, coffee, cotton, soybeans, soybean oil, sugar and wheat).
ETN Highlights:
- The index this ETN is based upon is designed to reflect the potential returns (unleveraged) of futures contracts on agricultural commodities.
- The index historically has been comprised of seven different agricultural commodity futures contracts.
- 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.
Related Links: