Royal Bank of Canada will launch an MLP ETN tomorrow

|By:, SA News Editor

The RBC Yorkville MLP ETN (Pending:YGRO) will track the performance of shares of 25 selected master limited partnerships, each of which is publicly traded on a recognized U.S. securities exchange.

The Index is rebalanced on a semi-annual basis in May and November and distribute a quarterly coupon to investors.

ALPS Alerian MLP ETF (NYSEARCA:AMLP) is the most popular fund in the MLP space and has returned 6.5% since the start of 2014.

Other MLP ETFs: AMJ, MLPL, MLPI, MLPA, MLPN, EMLP, MLPX, MLPS, AMU, ENFR, ATMP, MLPW, IMLP, OSMS