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MARKET VECTORS-INDIAN RUPEE/USD ETN: (INR)

(Real Time Quote from BATS) As of Sep 13, 2016 10:23 AM ET

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$38.50 USD

38.5
123

-0.49 (-1.26%)

Volume: 123

Zacks ETF Rank [?]: 3 - Hold     3    

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 38.99
Open 38.50
Bid 38.10
Ask 39.01
Day Low-High 38.50-38.50
52wk Low-High 35.70-39.63
Volume 123
NAV (month end) 38.28
Premium (+)/Discount (-) (month end)+0.71

Zacks Premium Research for INR

Zacks ETF Rank [?] Hold 3
ETF Risk [?] High

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 MARKET VECTORS ETNS

Benchmark for INR

SP INDIAN RUPEE TOTAL RETURN INDEX

S&P Indian Rupee Total Return Index seeks to track the performance of the Indian rupee versus the U.S. dollar.The Index represents an investment in rolling three-month non-deliverable currency forward contracts. Each contract is held until maturity, cash settled and then rolled over into a new contract.

Fund Summary for INR

MARKET VECTORS-INDIAN RUPEE/USD ETN

The ETN due on March 31, 2020, are senior, unsecured debt securities issued by Morgan Stanley and are part of the Series F, Global Medium-Term Notes program. It seeks to track the performance of the S&P Indian Rupee Total Return Index, less investor fees.