ETRACS IFED Invest with the Fed TR Index ETN IFED 0.00 ETRACS IFED Invest with the Fed TR Index ETN

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Range:27.956-49.7Vol Avg:941Last Div:0Changes:-0.19
Beta:0.98Cap:0.08BCurrency:USDExchange:AMEX
Sector:Financial ServicesIPO:Thu Sep 16 2021Empoloyees:
CUSIP:CIK:0001114446ISIN:US90278V7689Country:US
IFED tracks a total return index that invests in large-cap US securities that the issuer believes is best positioned to benefit from the current monetary landscape. The index will use a proprietary methodology to classify the prevailing monetary environment as expansive, restrictive, or indeterminate. The 500 largest NYSE-listed stocks are then scored by several fundamental metrics, based on their potential to benefit from the current environment, where 75 of the best scoring stocks are selected for inclusion. The selected stocks are also weighted using their score with additional factors like liquidity, individual stock, and sector weights. The index is rebalanced when the prevailing monetary environment changes. Note: As an ETN, IFDL carries the credit risk of the issuer, UBS

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