The return on the MSectors™ Airlines -3X Inverse Leveraged ETNs is linked to a 3X times inverse leveraged participation in the daily performance of the Prime Airlines Index, minus the applicable fees. The ETNs are not “buy and hold” investments and should not be expected to provide a 3X times inverse leveraged return of the underlying index’s cumulative return for periods greater than a day.
| PRODUCT DETAILS | |
|---|---|
| Sector | Airlines |
| Ticker | JETD |
| Intraday Indicative Note Value Ticker | JETDIV |
| CUSIP | 63679484 |
| ISIN | US0636794846 |
| Issue Date | 6/23/2023 |
| Maturity Date | 5/28/2043 |
| DAILY MARKET DATA | |
|---|---|
| Closing Indicative Value | $12.34 |
| Market Capitalization | $1,975,189 |
| ETNs Outstanding | 160,000 |
| DOCUMENTS |
|---|
| Index Details | |
|---|---|
| Index Name | Prime Airlines Index |
| Index Ticker | PJETSNTR |
| Rebalance Frequency | Monthly |
| No. of Constituents | 18 |
The Prime Airlines Index includes stocks of U.S.-listed companies that have operations relating to the airline industry, including airlines and aircraft and aircraft parts manufacturers, and companies engaged in the businesses of air freight and logistics, aircraft leasing and airline and airport operations. The index’s underlying composition is modified liquidity weighted.
LEARN MORE ABOUT THE PRIME AIRLINES INDEX
Index reconstitutes quarterly, rebalances monthly. Components as of SOD 12/16/2024, weightings rounded for ease of analysis
