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iPath Long Extended S&P 500 TR Index ETN Stock Quote & Summary Data

(ETF)
SFLA 
$143.58
*  
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*Delayed - data as of Apr. 17, 2014 


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Description

iPath Long Extended S&P 500 TR Index ETN is linked to a leveraged return on the performance of the S&P 500 Total Return Index (the "Index"). The Index is a capitalization-weighted index intended to provide an indication of the pattern of stock price movement in the U.S. equities market, covering 75% of total US equities market. S&P chooses companies for inclusion in the Index with the aim of achieving a distribution by broad industry groupings that approximates the distribution of these groupings in the common stock population of the U.S. equities market. Investments offering leveraged exposure to U.S. equities can have various uses within a portfolio including directional, cash extraction, risk/return management or arbitrage strategies and are typically short or medium-term in nature.


Underlying Index S&P 500 Total Return Index
Management Fee 0.35
Asset Class Equity
Leverage 1

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