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Market Vectors Chinese Renminbi/USD
Submitted by ETNCenter.com on Sat, 03/17/2007 - 09:30.
This ETN offered by Morgan Stanley is designed to track the returns of the S&P Chinese Renminbi Total Return Index. It trades on the NYSE Arca exchange under the symbol CNY.
The ETN also incorporates the income futures investors would gain from investing their collateral cash in Treasuries, while charging an expense fee of 0.55%.