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Credit Suisse X-Links Gold Shares Covered Call ETN due 2/2/2033
Ticker Symbol: GLDI CUSIP: 22542D480 Exchange: NGM
Company's Online Profile
BUSINESS: The Credit Suisse X-Links™ Gold Shares Covered Call ETNs (exchange traded notes) due 2/2/2033 are senior, unsecured debt securities issued by Credit Suisse AG that are linked to the return of the Credit Suisse NASDAQ Gold FLOWS™ 103 Index. The ETNs may pay a monthly variable cash coupon based on the notional option premiums received from selling call options. The Index seeks to implement a "covered call" investment strategy by maintaining a notional long position in shares of the SPDR Gold Shares ETF (Ticker: GLD) while notionally selling call options on that position on a monthly basis that are approximately 3% out-of-the-money. The notional net premiums (if any) received for selling the calls are paid out at the end of each monthly period. The strategy is designed to generate monthly cash flow in exchange for giving up any gains beyond the strike price. The strategy provides no protection from losses resulting from a decline in the value of the GLD shares beyond the notional call premium received, if any. 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.
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IPO - 1/28/2013 -
Link to IPO Prospectus
Previous Name: Credit Suisse Gold Shares Covered Call ETN Changed: 5/04/2015
Micro Cap Stock -
Market Value $40.2 Million
Click for current GLDI price quote from the NASDAQ
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: Eleven Madison Avenue, New York, NY 10010 |
| Main Phone Number |
800-320-1225 |
| Fax Number |
Not Available |
| Investor Contact
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800-320-1225
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| Toll Free Phone Number |
800-320-1225 |
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