ETNs Are a Relative of ETFs, But They Aren’t Clones
September 02, 2008 at 17:00 PM EDT
Exchange traded notes (ETNs) are beginning to gain popularity, as they allow financial advisors and investors to reach areas of the markets that were previously difficult to access. The ETN offers access to exotic markets that are not completely suited to an exchange traded fund (ETF) or mutual fund. For example, the iPath Dow Jones AIG [...]