Coffee ETN Saw Large Outflows Despite Huge Rally
April 16, 2014 at 13:50 PM EDT
Coffee-related exchange traded notes have been the best performing exchange traded products so far this year, but the ETNs have experienced net outflows as some traders cashed in their profits. The iPath Dow Jones-UBS Coffee Total Return Sub-Index ETN (NYSEArca: JO) has surged 77.5% year-to-date as...