Citigroup ETNs linked to the VelocityShares Daily 4X Long USD vs. GBP Index (DGBP) |
| 24.745 -0.423 (-1.68%) 10-30 15:44 |
| Open: | 24.81 |
| High: | 24.81 |
| Low: | 24.6001 |
| Volume: | 804 |
| Market Cap: | 1(M) |
| PE Ratio: | 0 |
| Exchange: | New York Stock Exchange Arca |
| Industry: | Asset Management - Leveraged |
| Sector: | Financial Services |
| Technical analysis | ||||
| sell | buy | |||
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| 52w High: | 45.45 |
| 52w Low: | 22.33 |
This investment product aims to precisely mirror the daily returns of the VelocityShares Daily 4X Long USD vs. GBP Index. The underlying index is engineered to provide four times (4x) the leveraged exposure, which is rebalanced daily, to real-time fluctuations in the exchange rate between the U.S. dollar and a foreign currency, such as the British pound. It establishes a long position in one currency of the pair against the other. Importantly, this fund is not diversified.
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