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US Investment Firm Nuveen Launches Group of Exchange Traded Notes

Tom Burroughes Deputy Editor London 8 August 2008

US Investment Firm Nuveen Launches Group of Exchange Traded Notes

US-based Nuveen Investments, which caters to institutions and high-net-worth investors, said it has launched three new exchange-traded notes, which are issued by Deutsche Bank.

The ETNs are linked to the following benchmarks: the Benjamin Graham Large Cap Value Index-Total Return; Benjamin Graham Small Cap Value Index-Total Return and Benjamin Graham Total Market Value Index-Total Return (NYSE Arca: BVT). They will begin trading on the NYSE Arca immediately.

The exchange traded notes are designed to track the total return of specific market indices and seek to provide convenient access to strategies and markets that traditionally have not been readily available to individual investors. They can be bought or sold through a broker, financial advisor and most trading platforms.

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