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ONN
  UBS ETRACS Fisher-Gartman Risk On ETN - NYSEARCA

11/25/2014, 6:17 PM ET
  • Rubenov | Send Message 1 Dec 2011

    ONN and OFF are both marginally up today, lol
    Reply (4)
  • View all 4 replies
    • Canary Cash | Send Message 1 Dec 2011
      : well, of course they will...but...I think they're designed to fade. Am I right that no rebalancing and padding it with Oil is dirty?
    • realornot | Send Message 1 Dec 2011
      : This game is too new. Wait another 6 months to build up volatility.
      ONN Description
      "ETRACS Fisher-Gartman Risk On ETN (the ""Risk On ETN""; Ticker: ONN), is an exchange-traded note linked to the daily performance of The Fisher-Gartman Risk Index (the ""Index""), reduced by the Tracking Fee and the Annual Distribution Amount. The value-based target weightings for the long and short positions are 150% and 50%, respectively, and the Index is rebalanced quarterly to return the weightings to these target levels."
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