RBS rolls out ETN offering hedged exposure to Chinese equities

04/22/2012 | Investor's Business Daily · ETF Trends · IndexUniverse.com

Royal Bank of Scotland launched the RBS China Trendpilot ETN, an exchange-traded note that delivers yields linked to the Bank of New York Mellon China Select ADR Total Return Index, an equity index, when Chinese stocks are performing well. When they slump, the ETN gives a yield tied to the three-month U.S. Treasury bill.

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Investor's Business Daily · ETF Trends · IndexUniverse.com

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