Lesson plan
IPath
In finance, the iPath refer to a family of exchange-traded notes (ETN) issued by Barclays. iPath ETNs are senior, unsecured debt securities of Barclays Bank PLC, covering the following asset classes: Commodities, Equity smart beta, MLPs, Sustainable investing, and Volatility. The iPath combine the investment aspects of bonds and exchange-traded funds (ETF). The first iPath securities were issued in 2006 and are registered under the Securities Act of 1933, because they are issued by banks, not by investment companies. The iPath trade close to their intra-day trading value and usually have a 30-year maturity. However, they may be redeemed (with a minimum of 50,0000 units) every Thursday- unlike the daily redemption feature of ETFs. They may also be traded on the secondary market. Although an iPath security may be linked to an underlying market index its value may change even if there is little or no movement in the index, in the event that the credit rating of the issuer changes, e.g. if the issuer receives a rating downgrade.
Article summary
In finance, the iPath refer to a family of exchange-traded notes (ETN) issued by Barclays. iPath ETNs are senior, unsecured debt securities of Barclays Bank PLC, covering the following asset classes: Commodities, Equity smart beta, MLPs, Sustainable investing, and Volatility. The iPath combine the investment aspects of bonds and exchange-traded funds (ETF). The first iPath securities were issued in 2006 and are registered under the Securities Act of 1933, because they are issued by banks, not by investment companies. The iPath trade close to their intra-day trading value and usually have a 30-year maturity. However, they may be redeemed (with a minimum of 50,0000 units) every Thursday- unlike the daily redemption feature of ETFs. They may also be traded on the secondary market. Although an iPath security may be linked to an underlying market index its value may change even if there is little or no movement in the index, in the event that the credit rating of the issuer changes, e.g. if the issuer receives a rating downgrade.
Key claims
No claims recorded.
Discussion questions
- Summarise the article in your own words. Which single claim would you verify first, and why?
- Which claim in this article is most likely to be revised as the sources update? How would you check its current status?
- If two sources disagreed about one of these facts, what would you need in order to trust one over the other?
Bibliography
No sources recorded.
Key claims and bibliography are generated from the same tracked claims and sources as the article page.