Barclays Bank has launched the Pacer iPath Gold Trendpilot ETNs which tracks the performance of the Pacer Barclays Gold Trendpilot Total Return Index.
The index is calculated on a total return basis and is intended to reflect the performance over time of a dynamic allocation strategy by taking 100%, 50% or 0% notional exposure to the Barclays Gold 3 Month Deferred Index Excess Return on a daily basis based on three specified signals that reference the short-term and long-term performance of the Gold Index and the return that corresponds to the weekly announced interest rate for specified 3-month US Treasury bills. The Gold Index is intended t
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