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IPATH DJ-UBS COCOA SUBINDEX TR ETN: (NIB)

(Delayed quote from AMEX) As of Aug 20, 2014 03:50 PM ET

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$42.35 USD

+0.22 (0.52%)

Volume: 3,485

Zacks ETF Rank: 2 - Buy [?]   2      

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 42.13
Open 42.26
Bid 41.60
Ask 43.27
Day Low-High 42.26-42.79
52wk Low-High 32.05-42.95
Volume 3,485
NAV (month end) 42.32
Premium (+)/Discount (-) (month end)-0.19

Zacks Premium Research for NIB

Zacks ETF Rank [?] Buy 2
ETF Risk [?] High
ETF Research Report

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 0.75%
Dividend (Yield) $0.00 (0.00%)
Issuer BARCLAYS BANK

Benchmark for NIB

DOW JONES-UBS COCOA SUBINDEX TOTAL RETUR

This index looks to reflect the returns that are available through an investment in the futures contracts in the cocoa markets. The index consists of a single futures contract but it has a unique roll structure which selects contracts using the Pure Beta Series 2 Methodology. This strategy looks to limit the impact of contango while also providing the collateralized return from U.S. T-Bills.

Fund Summary for NIB

IPATH DJ-UBS COCOA SUBINDEX TR ETN

NIB is a sub-index of the Dow Jones-UBS Commodity Index Total Return and is intended to reflect the returns that are potentially available through an unleveraged investment in the futures contracts on physical commodities comprising the index as well as the rate of interest that could be earned on cash collateral invested in specified Treasury Bills.