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Security Profile
- Security Type
- Common Stock
- CUSIP
- 06738G407
- Market Cap
- Micro Cap · $6 Million
- IPO
- 10/23/2007
- Previous Symbol
- JJM (changed 4/12/2018)
- Previous Name
- Barclays Bank iPath Dow Jones-UBS Industrial Metals Subindex TR ETN due 10/22/37
- Parent Company
- Barclays Bank plc ADR (BCS)
Business: iPath Bloomberg Industrial Metals Subindex Total Return ETN due 10/22/37, formerly Barclays Bank iPath Dow Jones-UBS Industrial Metals Subindex Total Return ETN, is issued by Barclays Bank PLC and is part of the Global Medium-Term Notes, Series A. INVESTMENT OBJECTIVE: The iPath Bloomberg Industrial Metals Subindex Total Return ETN will provide investors with a cash payment at the scheduled maturity or early redemption based on the performance of the Bloomberg Industrial Metals Sub-Index, formerly Dow Jones-UBS Industrial Metals Subindex Total Return. INDEX DESCRIPTION: The Bloomberg Industrial Metals Sub-Index RETURNS AND MATURITY: The return on the Securities may be positive or negative, and is directly linked to the performance of the Index, which is based on a variety of market and economic factors, interest rates in the markets and economic, financial, political, regulatory, judicial or other events that affect the markets generally. If you hold your Securities to Maturity, October 22, 2037, you will receive a cash payment at maturity equal to (1) the principal amount of your Securities times (2) the index factor on the final valuation date minus (3) the investor fee on the final valuation date. REDEMPTION AND FEES: You may redeem your Securities on any redemption date during the term of the Securities. If you redeem your Securities, you will receive a cash payment in an amount equal to the daily redemption value, which is (1) the principal amount of your Securities times (2) the index factor on the applicable valuation date minus (3) the investor fee on the applicable valuation date. Issued in denominations of $50, you must redeem at least 50,000 Securities at one time in order to exercise your right to redeem your Securities on any redemption date. The investor fee is equal to 0.75% per year times the principal amount of your Securities times the index factor, calculated on a daily basis. For calculations of fees and any further information on this ETN click on the Link to IPO Prospectus provided.
Company Contact
- Headquarters
- 200 Park Avenue, New York, NY 10166
- Phone
- 212-412-4000 · Toll-Free 877-764-7284
- Fax
- 212-412-7300
- Investor Relations
- 212-412-4000 · etndesk@barclays.com