VelocityShares Daily 2x VIX Medium Term ETN (TVIZ)

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Fund Description

The investment seeks to replicate, net of expenses, the returns of twice (2x) the daily performance of the S&P 500 VIX Mid-Term Futures index. The index was designed to provide investors with exposure to one or more maturities of futures contracts on the VIX, which reflects implied volatility of the S&P 500 Index at various points along the volatility forward curve. The ETNs are linked to a multiple (2x) of the daily return of the index and do not represent an investment in the VIX.

Fund Snapshot Updated 05.22.2013

Previous Close $6.18 Expense Ratio 1.65%
YTD Return 45.6% Avg. 30-Day Volume 3,722
1-Year Return 85.5% Market Cap Loading...
Bid $6.16 Shares Outstanding 100,000
Ask $6.21 Dividends $0.00
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