iPath Pure Beta Industrial Metals ETN(HEVY)- NYSEARCA
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HEVY Description
The iPath® Pure Beta Industrial Metals ETN is linked to the Barclays Capital Commodity Index Industrial Metals Pure Beta TR (the "Index"). The Index is a sub-index of the Barclays Capital Commodity Index Pure Beta TR and reflects the returns that are potentially available through an unleveraged investment in futures contracts on industrial metal commodities. The Index is currently composed of five futures contracts on industrial metals, four of which (aluminium, nickel, copper and zinc) are traded on the London Metal Exchange and the other of which (copper) is traded on the COMEX division of the New York Mercantile Exchange.
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