14.62
+0.095(+0.65%)
Currency In USD
Address
, DE
United States of America
Phone
N/A
Website
N/A
Sector
Financial Services
Industry
Asset Management - Leveraged
Employees
N/A
First IPO Date
November 07, 2012
The fund will, under normal circumstances, invest at least 80% of its assets (the "80% basket") in component securities of the underlying index. The underlying index is a subset of the Markit iBoxx USD Leveraged Loan Index. "Leveraged Loans" are loans to companies that typically already have a high amount of debt and are often characterized by lower credit ratings or higher interest rates. It is non-diversified.