| iPath, the arm of Barclays that is behind a successful family of volatility-related exchange-traded notes, rolled out 18 new ETNs on Thursday focused on commodities and designed to protect returns by seeking exposure that minimizes so-called contango.
Each of the new iPath Pure Beta Commodity ETNs was constructed around the concept of providing the best proxy for the average price return of the front-year futures contracts for each commodity in the index, while avoiding parts of the futures curve that are subject to persistent market distortions, the company said in a press release..............................................Full Article: Source
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