I'm considering investing in an ETN, but I'm not sure if it qualifies as an investment company. Can someone clarify if an ETN is considered an investment company or not? This would help me make a more informed investment decision.
6 answers
OpalSolitude
Thu Oct 31 2024
It is akin to a bond in this respect.
Stefano
Thu Oct 31 2024
An ETN can be traded on an exchange, much like an ETF.
Carlo
Thu Oct 31 2024
Unlike an ETF, an ETN does not possess the underlying assets it represents.
GyeongjuGloryDaysFestival
Thu Oct 31 2024
Instead, an ETN functions as an investment in debt.
isabella_cole_psychologist
Wed Oct 30 2024
The ETN is an unsecured debt note.