FUE ELEMENTS Linked to the ICE BofAML Commodity Index eXtra Biofuels - Total Return ETN
What is FUE?
FUE tracks an index of biofuel-related commodities weighted by their calorific potential. It gains exposure to futures contracts ranging from second- to fifth- month futures.
FUE Factset Analytics Insight
FUE reaches far beyond the scope of the typical core grains commodities of corn, soybeans and wheat due to its unique focus on biofuel and feedstock commonly used in the production of biofuels. FUE excludes wheat altogether, eligible commodities may include barley, canola, soybean, soybean oil, sugar and rapeseed and is subject to change depending on liquidity and the Committee. The index selection and weighting accounts liquidity of the futures contracts and the value of the global production, focusing on caloric potential of each commodity in terms of energy potential in technology. As an exchange-traded note FUE carries the credit risk of the issuer, the Swedish Export Credit Corp. The futures contracts are rolled into a later expiry ranging from second- to fifth- month futures, over a fifteen day period in each month prior to expiration.
FUE Summary Data
Peers
Fund Flows
FUE Portfolio Data
FUE Index Data
FUE Portfolio Management
FUE Tax Exposures
FUE Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FUE. FUE is rated a 5 out of 5.
FUE Tradability
FUE Performance Statistics
FUE Tenor Strategy
FUE holds futures contracts on either biofuels or feedstock used in the production of biofuels and rolled the month before expiration.
FUE Rolling Strategy
FUE rolls its underlying contracts over a 15 day period during the month preceeding a given contract's expiration
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