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MARKET VECTORS-DOUBLE LONG EURO ETN: (AMEX : URR)

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

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$27.54 USD

-0.25 (-0.90%)

Volume: 400

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 27.79
Open 27.71
Bid 27.33
Ask 27.61
Day Low-High 27.45-27.54
52wk Low-High 26.40-29.98
Volume 400
NAV (month end) 28.86
Premium (+)/Discount (-) (month end)-1.07

Zacks Premium Research for URR

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 0.65%
Dividend (Yield) $0.00 (0.00%)
Issuer MORGAN STANLEY

Benchmark for URR

DOUBLE LONG EURO INDEX

This benchmark index is intended to be an investable alternative to a two-times leveraged long investment in the value of the euro relative to the U.S. dollar and for every 1% strengthening of the euro relative to the U.S. dollar, the level of the Index will generally increase by 2%, while for every 1% weakening of the euro relative to the U.S. dollar, the Index will generally decrease by 2%.

Fund Summary for URR

MARKET VECTORS-DOUBLE LONG EURO ETN

The ETN due on April 30, 2020, are senior, unsecured debt securities issued by Morgan Stanley and is part of the Series F Global Medium-Term Notes program. It seeks to track the performance of the Double Long Euro Index, less investor fees. The ETN provide investors with cost-effective access to a two-times-leveraged, long exposure to the performance of the euro relative to the U.S. dollar.