Market Vectors Double Long Euro ETN (URR)

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Fund Description

The investment seeks to replicate, net of expenses, the Double Long Euro Index. As the index is two-times leveraged, for every 1% strengthening of the euro relative to the U.S. dollar, the level of the index will generally increase by 2%, while for every 1% weakening of the euro relative to the U.S. dollar, the index will generally decrease by 2%.

Fund Snapshot Updated 04.16.2014

Previous Close $29.51 Expense Ratio 0.65%
YTD Return 1.31% Avg. 30-Day Volume 73
1-Year Return 14.5% Market Cap Loading...
Bid $29.15 Shares Outstanding 30,000
Ask $29.53 Dividends $0.00

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