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Security Profile
- Security Type
- Common Stock
- CUSIP
- 06742W430
- Market Cap
- Micro Cap · $38 Million
- IPO
- 7/9/2014
- Parent Company
- Barclays Bank plc ADR (BCS)
Business: Barclays Women in Leadership ETN, linked to the Barclays Women in Leadership Total Return USD Index, are due on 7/15/2024, and are senior unsecured debt securities issued by Barclays Bank plc and do not offer principal protection. INVESTMENT OBJECTIVE: The investment performance of these ETNs are linked to the performance of the Barclays Women in Leadership Total Return USD Index less the investor fee. INDEX DESCRIPTION: The Index is designed to provide exposure to U.S.-based companies that satisfy one or both of the gender diversity criteria of having a female chief executive officer or having at least 25% female members on the board of directors. The universe of stocks from which the Index selects eligible stocks for inclusion consists of stocks of all U.S.-based issuers listed on New York Stock Exchange or The NASDAQ Stock Market. The stocks included in the Index also have to satisfy certain market capitalization, liquidity and other selection criteria and concentration limits. In some circumstances, the Index may also track, in part, the performance of a cash index. The Index may be subject to concentration risks as it may be concentrated in a few industry sectors and subject to greater volatility than a more broadly diversified stock index. RETURNS AND MATURITY: The ETNs do not pay any interest during their term. The return on the ETNs are directly linked to the performance of the Index. At maturity or upon early redemption you will receive a cash payment equal to the principal amount of your Securities times the index factor on the final valuation date times the fee factor on the final valuation date. The ETNs can be bought and sold on US stock markets to realize intermediate investment profits and losses. FEES: The investor fee is equal to 0.45% per annum accrued on a daily basis. ETN CAUTIONS: Fluctuations in the market price of the ETNs versus the indicative value of the ETNs can affect the investment results. These ETNs are debt obligations of Barclays Bank plc and payments you are entitled to receive on these ETNs are subject to the ability of the issuer to pay their obligations. The tax treatment of these ETNs is uncertain and you should consult your tax advisor for specific advice. PROSPECTUS: Before investing in these exchange traded notes (ETNs), investors need to click on the Link to IPO Prospectus provided below and carefully study the prospectus to understand these difficult to understand and speculative securities.
Company Contact
- Investor Relations
- etndesk@barclays.com