Key stats
About Barclays Bank PLC
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Inception date
Oct 23, 2007
Structure
Exchange-Traded Note
Distribution tax treatment
No distributions
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
ISIN
US06739H7504
This ETN was delisted after the market close on 04/12/2018. . The note has been replaced by JJEB, which provides identical exposure. JJE distinguishes itself from front-month competitors by only holding every other contract on the five energy commodities it tracks. The note`s index begins tracking most of the contracts two months from maturity, and holds them until shortly before expiration. Brent crude exposure is slightly different: contracts are tracked starting three months from maturity and held until one month before delivery. The result is an index that strikes a balance between spot-price sensitivity and contango/roll costs. The five contracts are weighted by a combination of contract liquidity and global production. Although JJE comes a reasonable price, poor trading volume will make the note cost prohibitive for all but the most determined investors. Low assets raise the specter of closure (ETNs rarely close outright, but may be delisted by the issuer).
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Classification
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
JJETF assets under management is 158.48 K USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
JJETF expense ratio is 0.75%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, JJETF isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, JJETF doesn't pay dividends to its holders.
JJETF shares are issued by Barclays PLC
JJETF follows the Bloomberg Energy. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 23, 2007.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.