iPath Debuts New Breed Of Leveraged ETNs

iPath, the largest issuer of exchange-traded notes in the U.S., announced a major addition to its product lineup on Tuesday by rolling out 11 new leveraged ETNs. The new products included five paired products offering leveraged exposure to benchmarks underlying some of the most popular exchange-traded products, including the S&P 500, Russell 2000, and MSCI Emerging Markets Index. Also included is a note providing leveraged exposure to a VIX-related index. The new ETNs include: Ticker ETN Leverage Index ROLA Long Extended Russell 1000 TR Index ETN 3x Russell 1000 ROSA Short Extended Russell 1000 TR Index ETN -3x Russell 1000 RTLA Long Extended Russell 2000 TR Index ETN 3x Russell 2000 RTSA Short Extended Russell 2000 TR Index ETN -3x Russell 2000 SFLA Long Extended S&P 500 Index TR Index ETN 3x S&P 500 SFSA Short Extended S&P 500 TR Index ETN -3x S&P 500 MFLA Long Enhanced MSCI EAFE Index ETN 2x MSCI EAFE MFSA Short Enhanced MSCI EAFE Index ETN -2x MSCI EAFE EMLB Long Enhanced MSCI Emerging Markets Index ETN 2x MSCI Emerging Markets EMSA Long Enhanced MSCI Emerging Markets Index ETN -2x MSCI Emerging Markets VZZ Long Enhanced S&P 500 VIX Mid-Term [...] Click here to read the original article on ETFdb.com.