Credit Suisse X-Links Crude Oil Shares Covered Call ETN due 4/24/2037 (USOI)
NGM · · CUSIP 22539T266
Last Price•••.••
Current Yield•.••%
Yield to Call•.••%
Yield to Worst•.••%
Free registration unlocks the quote, yield calculations, price chart and full fundamentals for USOI and every other security on QuantumOnline.
🔒
Price chart and 15 days of daily prices
Candlestick chart with moving averages, Bollinger bands and MACD. Register free to view.

Security Profile

Security Type
Index ETF
CUSIP
22539T266
Market Cap
Micro Cap · $6 Million
IPO
4/25/2017
Parent Company
Credit Suisse Group ADR (USB)
Fund Description: The Credit Suisse X-Links™ Crude Oil Shares Covered Call ETNs (exchange traded notes) are senior, unsecured debt securities issued by Credit Suisse AG that provide a return linked to the performance of the price return version of the Credit Suisse Nasdaq WTI Crude Oil FLOWS™ 106 Index The ETNs may pay a variable monthly coupon based on the notional option premiums, if any, generated by the Index's hypothetical monthly sale of call options on the shares of the United States Oil Fund, LP. The Index seeks to implement a "covered call" investment strategy by maintaining a notional long position in shares of the United States Oil Fund, LP (Ticker: USO) (the "USO Shares") while notionally selling call options on that position on a monthly basis that are approximately 6% out-of-the-money (i.e., strike price is 106%). The notional net premiums received (if any) for selling the calls are paid out at the end of each monthly period as a Distribution. The Index's strategy is designed to generate monthly cash flow in exchange for giving up any gains beyond the 106% strike price. The Index's strategy provides no protection from losses resulting from a decline in the value of the USO Shares beyond the notional call premium received, if any. The return on the ETNs will be based on the performance of the price return version of the Index, and, therefore, each monthly Distribution will be subtracted from a notional portfolio of the Index and the level of the price return version of the Index will decrease with each such Distribution. The Index is calculated by Nasdaq, Inc. and the levels of the price return version are disseminated real-time under the Bloomberg ticker symbol "QUSOI". The ETNs should be purchased only by knowledgeable investors who understand the risks of investing in the ETNs. For further detailed information on this speculative security, click on the Link to IPO Prospectus given below.

Company Contact

Headquarters
Eleven Madison Avenue, New York, NY 10010
Phone
800-320-1225 · Toll-Free 800-320-1225
Investor Relations
800-320-1225 · ETN.Desk@credit-suisse.com
SEC EDGAR Filings
View filings »