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Exchange Traded Notes (ETNs): Know What You Own
The SPDR S&P 500 ETF (SPY) began trading in January of 1993. That was the first exchange traded fund, and we’ve seen quite the evolution since then. Flash forward 22 years and ETFs have become a market fixture. From ETFs we’ve seen another exchange traded product develop: exchange traded notes or ETNs. Exchange traded note…exchange traded […]
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By Mullooly Asset Management
5
88 ratings
The SPDR S&P 500 ETF (SPY) began trading in January of 1993. That was the first exchange traded fund, and we’ve seen quite the evolution since then. Flash forward 22 years and ETFs have become a market fixture. From ETFs we’ve seen another exchange traded product develop: exchange traded notes or ETNs. Exchange traded note…exchange traded […]