iPath Pure Beta Nickel ETN (NINI)

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Fund Description

The investment seeks to replicate, net of expenses, the Barclays Capital Nickel Pure Beta TR index. The index is comprised of a single exchange traded futures contract, except during the roll period when it may be comprised of two futures contracts. However, unlike many commodity indices, which roll their exposure to the corresponding futures contract on a monthly basis in accordance with a pre-determined roll schedule, the index may roll into one of a number of futures contracts with varying expiration dates, as selected using the Barclays Capital Pure Beta Series 2 Methodology.

Fund Snapshot Updated 05.20.2013

Previous Close $27.51 Expense Ratio 0.75%
YTD Return 10.7% Avg. 30-Day Volume 48
1-Year Return 13.6% Market Cap Loading...
Bid $27.39 Shares Outstanding 65,000
Ask $27.64 Dividends $0.00
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