RISKS INVOLVED IN TRADING EXCHANGE TRADED NOTES (ETNs) 样本条款

RISKS INVOLVED IN TRADING EXCHANGE TRADED NOTES (ETNs). ‌ 投資交易所交易票據涉及的風險‌ ETN is a type of unsecured and unsubordinated debt security issued by an underwriting bank, designed to provide investors with access to the returns of various market benchmarks. The returns of ETNs are usually linked to the performance of a market benchmark or strategy, minus applicable fees. Similar to other debt securities, ETNs have a maturity date and are backed only by the credit of the issuer. ETN 是一種由承銷銀行發行的無擔保、非次級債務證券，旨在為投資者提供各個市場基準的回 報。ETN 的回報通常與一個市場基準或策略的表現掛鈎，並扣除適用的費用。與其他債務證券類似，ETN 有到期日，且僅以發行人信用作為支持。