Assets: $64.2 million.
Objective: The iPath Dow Jones-UBS Sugar ETN tries to reflect the Dow Jones-UBS Sugar Subindex Total Return, which is a sub-index of the Dow Jones-UBS Commodity Index Total Return and provides returns that are potentially available through unleveraged investments in sugar future contracts.
Holdings: The fund provides exposure to sugar as measured by the Dow Jones-UBS Sugar Subindex Total Return.
What You Should Know:
- SGG has an expense ratio of 0.75%.
- The fund is an ETN. ETNs are debt instruments backed by the full faith and credit of the issuer. They follow an underlying index or product and anyone can buy them. Since they are debt instruments, if the issuer goes bankrupt, you become another creditor and you?ll have to get in line.
- The S&P rates the ETN?s issuer at AA- and
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