URR - Market Vectors-Double Long Euro ETN Fact Sheet
URR Tracks This Index: Double Long Euro Index
Description: As the Index is two-times leveraged, for every 1% strengthening of the euro relative to the U.S. dollar, the level of the Index will generally increase by 2%, while for every 1% weakening of the euro relative to the U.S. dollar, the Index will generally decrease by 2%.
Description: As the Index is two-times leveraged, for every 1% strengthening of the euro relative to the U.S. dollar, the level of the Index will generally increase by 2%, while for every 1% weakening of the euro relative to the U.S. dollar, the Index will generally decrease by 2%.
- Issuer: Van Eck
- Structure: ETN
- Expense Ratio: 0.65%
- ETFdb Category: Leveraged Currency
- ETF Home Page: URR
- Inception: 2008-05-06
- Tax Form: 1099
Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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