iPath US Treasury 2-year Bull ETN (DTUL)

Fund Description

The investment seeks to replicate, net of expenses, the performance of the Barclays Capital 2Y US Treasury Futures Targeted Exposure index. The index seeks to produce returns that track movements in response to an increase or decrease, as applicable, in the yields available to investors purchasing 2-year U.S. Treasury notes. The level of the index is designed to decrease in response to a decrease in 2-year Treasury note yields and to increase in response to an increase in 2-year Treasury note yields.