RBS Gold Trendpilot ETNs (TBAR)
- Commodity | Gold Oriented Funds
The investment seeks to replicate, net of expenses, the RBS Gold TrendpilotTM ETNs are designed for investors who seek exposure to the RBS Gold TrendpilotTM Index (USD) (the “Index”). The index utilizes a systematic trend-following strategy to provide exposure to either the Price of Gold Bullion (as defined below) or the yield on a hypothetical notional investment in 3-month U.S. Treasury bills (the “Cash Rate”), depending on the relative performance of the Price of Gold Bullion on a simple historical moving average basis.
Fund Snapshot Updated 07.21.2014
|Previous Close||$26.28||Expense Ratio||1.00%|
|YTD Return||6.42%||Avg. 30-Day Volume||24,373|
|1-Year Return||6.6%||Market Cap||Loading...|