GRUELEMENTS Linked to ICE BofAML Commodity index eXtra Grains - Total Return ETN
GRU Fund Description
GRU tracks an index of grains. It gains exposure to futures contract ranging from third- to sixth- month futures.
GRU Factset Analytics Insight
GRU provides exposure to the following grains: corn, wheat, soybeans, and soybean meal. The composition is determined annually and is announced in the fourth quarter of the current year. The Index Administrator selects commodities primarily on the liquidity and the value of the global production. Each component is rolled into the next available contract month in advance of the month in which expiration of the contract occurs. Although GRU is marketed under Elements brand, the ETN comes with credit risk tied to the Swedish Export Credit Corp.
GRU Summary Data
GRU Portfolio Data
GRU Index Data
GRU Portfolio Management
GRU Tax Exposures
GRU Fund Structure
GRU Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of GRU. GRU is rated a 5 out of 5.
GRU Sector Breakdown
GRU Tenor Strategy
GRU holds futures contracts on Corn, Soybeans, Soybean meal and Wheat rolling contracts the month prior to expiration.
GRU Rolling Strategy
GRU rolls its underlying contracts over a 15 day period during the month preceeding a given contract's expiration