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iPath Pure Beta Copper Stock Quote & Summary Data

(ETF)
CUPM 
$35.27
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*Delayed - data as of Aug. 22, 2014  -  Find a broker to begin trading CUPM now


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Description

The iPath Pure Beta Copper ETN is linked to the Barclays Capital Copper Pure Beta TR Index (the "Index"). The Index is intended to reflect the returns that are potentially available through an unleveraged investment in the futures contracts in the Copper markets. The Index is comprised of a single exchange traded futures contract, except during the roll period when the Index may be comprised of two futures contracts. However, unlike many commodity indices which roll their exposure to the corresponding futures contract on a monthly basis in accordance with a pre-determined roll schedule, the Index may roll into one of a number of futures contracts with varying expiration dates, as selected using the Barclays Capital Pure Beta Series 2 Methodology. In addition the Index reflects the rate of interest that could be earned on cash collateral invested in specified Treasury Bills.


Underlying Index Barclays Capital Copper Pure Beta TR Index (the "Index")
Management Fee 0.75
Asset Class Multi Asset
Leverage 1

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