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

(U.S : AMEX) As of Apr 14, 2014 03:43 PM ET

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$29.40 USD

-0.38 (-1.28%)

Volume: 1,300

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

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ETF Quote Details

Previous Close 29.78
Open 29.40
Bid 29.27
Ask 29.55
Day Low-High 29.40-29.55
52wk Low-High 25.25-29.87
Volume 1,300
NAV (month end) 29.35
Premium (+)/Discount (-) (month end)+0.43

Zacks Premium Research for URR

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

Learn to Profit from the Zacks Rank

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

Zacks Premium - The only way to get access to the Zacks Rank

ETF Expense Ratio

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

Benchmark for URR

DOUBLE LONG EURO

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.