Name of ETN: iPath GEMS Asia 8 ETN
Benchmark Index: Barclays Global Emerging Markets Strategy (GEMS) Asia 8 Index
Ticker Symbol: AYT
Strategy: This ETN is designed to track the Barclays Global Emerging Markets Strategy (GEMS) Asia 8 Index. This index is designed to offer investors exposure to a basket of emerging Asian currencies (Chinese yuan, Taiwanese dollar, Thai baht, South Korean won, Malaysian ringgit, Indian rupee, Indonesian rupiah and Philippine peso). While they are not weighed exactly, each of the currencies carries approximately the same weight within the ETN, roughly 12% each.
Related Links: