Ad of iPath S&P MLP ETN (IMLP): Pipeline Energy Infrastructure Fund

By
Find iPath S&P MLP ETN (IMLP) Fund ad in financial news or magazine. This exchange traded note is similar to exchange traded fund (ETF) and invests in pipeline, diversified energy infrastructure.

Ad of iPath S&P MLP ETN (IMLP): Pipeline Energy Infrastructure Fund ETN Investing

If you read recent financial news, you might find an ad about “iPath S&P MLP ETN (IMLP).” This ETN invests in companies traded in the GICS Energy Sector and GICS Gas Utilities Industry. Some of the companies include Buckeye Partners LP, Energy Transfer Equity LP, Kinder Morgan Energy Partners, etc.

You can find iPath S&P MLP ETN (IMLP) review below. Is this ETN fund suitable for your brokerage account or retirement account or not? Find the review below. I have provided in depth details about the fund performance, expense ratio fee, top holdings, and more.

Investment ad is as follows:
Commodities – Currencies – Equities – Fixed Income 
iPath – Exchange Traded Notes 
IMLP 
Now in the pipeline: diversified energy infrastructure exposure. 
iPath S&P MLP ETN (IMLP) provides one trade access to midstream energy MLPs with the potential for competitive yields and future income, all from the first name in exchanged traded notes. 
Scan the code or visit iPathETN.com to learn more about IMLP.
An investment in iPath ETNs (“ETNs”) involves risks, including possible loss of principal. For a description of the main risks see “Risk Factors” in the applicable prospectus. The ETNs are unsecured obligations of Barclays Bank PLC and are not secured debt nor an obligation of or guaranteed by any third party. The ETNs are riskier than ordinary unsecured debt securities and have no principal protection. The ETNs are speculative and may exhibit high volatility. The ETNs are also subject to certain investor fees, which will have a negative effect on the value of the ETNs. Diversification may not protect against market risk or capital loss…

IMLP Fund Review

This iPath S&P MLP ETN (IMLP) is a new fund. It has just been introduced to public in January 3, 2013 by Barclays Bank PLC. The fund CUSIP is 06742A750. The main objective of investing in this IMLP fund is to replicate, net of expenses, the S&P MLP Index. It has $49.25 million of total net assets. The fund is currently traded at premium 0.13%. The current shares price is $29.14. It also has 0.80% annual expense ratio. The fund is in the Equity Energy category.

The IMLP fund has 1-month total return of 2.51%. The 3-month returns are -2.39%. The fund has 56 numbers of components. It uses S&P MLP Index as the benchmarks. The sector breakdown is Energy (97.82%) and Utilities (2.18%). The top 5 index components are:
  • Buckeye Partners LP (BPL)
  • Energy Transfer Equity LP (ETE)
  • Energy Transfer Partners LP (ETP)
  • Enterprise Products Partners (EPD)
  • Kinder Morgan Energy Partners (KMP)

Last Words

  • It is a new ETN fund; there is lack of long term performance available
  • There is also little information about the tracking error
  • There is still lack of dividend yield information as well
  • This sector ETN is specialized in energy pipeline sector and it may be more volatile than typical ETFs or ETNs

0 comments:

Post a Comment