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CREDIT SUISSE MERGER ARB LEVERAGED ETN: (AMEX : CSMB)

(U.S : AMEX) As of Jul 30, 2014 03:59 PM ET

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$19.28 USD

0.00 (0.00%)

Volume: 300

Zacks ETF Rank: 0 - Not Rated [?]          

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

ETF Quote Details

Previous Close 19.28
Open 19.36
Bid 18.64
Ask 19.92
Day Low-High 19.28-19.28
52wk Low-High 18.50-21.00
Volume 300
NAV (month end) 19.18
Premium (+)/Discount (-) (month end)+0.10

Zacks Premium Research for CSMB

Zacks ETF Rank [?] Not rated 0
ETF Risk [?] NA

Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

ETF Expense Ratio

Expense Ratio 0.55%
Dividend (Yield) $0.00 (0.00%)
Issuer CREDIT SUISSE

Benchmark for CSMB

CS MERGER ARBITRAGE LIQUID INDEX

The Index tracks a leveraged (200%) dynamic basket of stocks held as long or short positions that focus on publicly announced merger and acquisition transactions. It is designed to capture the spread, if any, between the price of a target after a proposed acquisition is announced and the price that the acquiring company has proposed to pay for the stock of the target.

Fund Summary for CSMB

CREDIT SUISSE MERGER ARB LEVERAGED ETN

The ETN due on March 13. 2031 are senior, unsecured debt securities, medium-term notes, issued by Credit Suisse. It is designed to reflect a leveraged exposure to the performance of the Credit Suisse Merger Arbitrage Liquid Index on a monthly basis, but their returns over longer periods of time can differ significantly from two times the return on a direct investment in the Index.