9/3/2010

Barclays Capital has launched an exchange-traded note that gives investors broad exposure to equities with built-in hedging against volatility. The Barclays ETN+ S&P Veqtor Exchange Traded Note is linked to the S&P 500 Veqtor Index, which distributes investment among the S&P 500 Short-Term VIX Futures Index, the S&P 500 Index and cash. The ETN trades on NYSE Arca and has a 0.95% expense ratio.

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