19.04.2016 - ETF And ETN Products: Look Under The Hood
For better or worse - ETF and ETNs are supposed to replicate. Commodities are making a comeback. Never count on a name. Fine print regulation - Weak transparency. Lesson: The danger of leverage - Look under the hood. The commodities markets are like a pyramid. At the very top of that structure is the physical commodity itself. As you move from the top lower, market vehicles purporting to replicate performance are derivatives of the physical commodity itself...............................................Full Article: Source
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