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RBS Rolls Out Nasdaq-100 Trendpilot ETN (TNDQ)

By: ETFdb
RBS, the well-known financial institution and relative newcomer to the ETF space. introduced its sixth ETN this week. This new ETN, the NASDAQ-100 Trendpilot ETN (TNDQ), will join the issuer’s family of “Trendpilot” ETPs, which offer exposure to a dynamic trading strategy applied across a variety of asset classes. TNDQ is linked to the RBS NASDAQ-100 Trendpilot Index, offering a low maintenance way to implement a trend-following strategy towards the popular tech-heavy stock benchmark [see Examining Dynamic ETFs]. Under The Hood TNDQ provides investors with exposure to 100 of the largest non-financial securities listed on the NASDAQ exchange–sometimes. Like all other Trendpilot ETNs, the underlying index is rules-based, and employs a dynamic allocation strategy based on a simple historical moving average. TNDQ tracks either the NASDAQ-100 Total Return Index or the yield on a hypothetical notional investment in 3-month U.S. Treasury bills, depending on the relative performance of the underlying [...] Click here to read the original article on ETFdb.com. Related Posts: Examining “Dynamic” ETFs RBS Launches Crude Oil Trendpilot ETN When ETNs Are Better Than ETFs Gold ETF For Trend Followers (TBAR) Debuts RBS Launches Mid Cap TrendPilot ETN (TRNM)
RBS, the well-known financial institution and relative newcomer to the ETF space. introduced its sixth ETN this week. This new ETN, the NASDAQ-100 Trendpilot ETN (TNDQ), will join the issuer’s family of “Trendpilot” ETPs, which offer exposure to a dynamic trading strategy applied across a variety of asset classes. TNDQ is linked to the RBS NASDAQ-100 Trendpilot Index, offering a low maintenance way to implement a trend-following strategy towards the popular tech-heavy stock benchmark [see Examining Dynamic ETFs]. Under The Hood TNDQ provides investors with exposure to 100 of the largest non-financial securities listed on the NASDAQ exchange–sometimes. Like all other Trendpilot ETNs, the underlying index is rules-based, and employs a dynamic allocation strategy based on a simple historical moving average. TNDQ tracks either the NASDAQ-100 Total Return Index or the yield on a hypothetical notional investment in 3-month U.S. Treasury bills, depending on the relative performance of the underlying [...]

Click here to read the original article on ETFdb.com.

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