Credit Suisse FI Enhanced Big Cap Growth ETN (FIBG)
- Fixed Income | Growth & Income Funds
The ETNs are medium-term notes of Credit Suisse AG (“Credit Suisse”), the return on which is linked to the performance of the Russell 1000® Growth Index Total Return (the “Index”) on a leveraged basis. The ETNs seek to approximate the return that might be available through a leveraged “long” investment strategy in the components of the Index. A leveraged “long” investment strategy involves the practice of borrowing money from a third party lender at an agreed-upon rate of interest and using the borrowed money together with investor capital to purchase assets (e.g., equity securities).
Fund Snapshot Updated 07.21.2014
|Previous Close||$50.13||Expense Ratio||0.05%|
|YTD Return||9.23%||Avg. 30-Day Volume||20,946|
|1-Year Return||0.0%||Market Cap||Loading...|