24.11.2008 - Compare ETFs, ETNs and win in commodity market
From Commodityonline.com: Much of current debate on derivatives and financial instruments is focused on credit default swaps (CDS), and the rising shorts in Futures and options that partly led to the financial crisis. Unfortunately, the $5 billion exchange traded note (ETN) has been overshadowed and therefore not getting the attention it deserves. ETN is unsecured debt instruments that pay a return linked to the performance of an index, currency or a commodity. In a similar arrangement to investing in bonds, ETN payments rely on full credit and faith of the institution backing the product..... Full Article: Source