Seeking Alpha

iPath GEMS Index ETN (JEM)

JEM Description
The investment seeks to replicate, net of expenses, the Barclays Global Emerging Markets Strategy index. The index provides exposure to local currencies in emerging markets through short-term, liquid and diversified instruments. It is intended to replicate a diversified, multi-national money markets strategy by reflecting the total returns including both exchange rate movements and implied local deposit rates of U.S. dollar investments in the index constituent currencies.
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