The return on the MSectors™ Auto Industry 3X Leveraged ETNs is linked to a 3X times leveraged participation in the daily performance of the Prime Auto Industry Index, minus the applicable fees. The ETNs are not “buy and hold” investments and should not be expected to provide a 3X times leveraged return of the underlying index’s cumulative return for periods greater than a day.
| PRODUCT DETAILS | |
|---|---|
| Sector | Auto Industry |
| Ticker | CARU |
| Intraday Indicative Note Value Ticker | CARUIV |
| CUSIP | 63679476 |
| ISIN | US0636794762 |
| Issue Date | 6/30/2023 |
| Maturity Date | 5/28/2043 |
| DAILY MARKET DATA | |
|---|---|
| Closing Indicative Value | $23.57 |
| Market Capitalization | $3,771,297 |
| ETNs Outstanding | 160,000 |
| DOCUMENTS |
|---|
| Index Details | |
|---|---|
| Index Name | Prime Auto Industry Index |
| Index Ticker | PCARSNTR |
| Rebalance Frequency | Monthly |
| No. of Constituents | 22 |
The Prime Auto Industry Index includes stocks of U.S.-listed companies that have operations relating to the automobile industry, including automobile manufacturing, parts and retail, and new and used car dealers. The index’s underlying composition is modified liquidity weighted.
WHAT IS THE PRIME AUTO INDUSTRY INDEX
Index reconstitutes quarterly, rebalances monthly. Components as of SOD 04/03/2025, weightings rounded for ease of analysis
