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ICI
  iPath Optimized Currency Carry ETN - NYSEARCA

10/21/2014, 5:31 AM ET
  • MarketGuy | Send Message 29 Sep 2010

    ICI data out showing another week (-$2.5B) of mutual fund "outflow", So, why is market going up when $16B lost in Sept? POMO
    Reply
      ICI vs. ETF Alternatives
      ICI Description
      The Barclays Capital Intelligent Carry Index™ adopts an innovative strategy to enable investors to capture returns from foreign currency markets. The index is designed to reflect the total return of an "Intelligent Carry Strategy," which, through an objective and systematic methodology, seeks to capture the returns that are potentially available from a strategy of investing in high-yielding currencies with the exposure financed by borrowings in low-yielding currencies sometimes referred to as the "carry trade." The pool of currencies to which the index may apply these strategies is commonly referred to as the "G10 currencies" and includes the U.S. dollar, the euro, the Japanese yen, the Canadian dollar, the Swiss franc, the British pound sterling, the Australian dollar, the New Zealand dollar, the Norwegian krone and the Swedish krona.
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