JJGiPath Series B Bloomberg Grains Subindex Total Return ETN
JJG Fund Description
JJG tracks an index of grain futures contracts selected according to liquidity and diversity requirements. Contract maturity can range from one to five months.
JJG Factset Analytics Insight
JJG tracks an index of futures that can include up to five different grains: corn, soybeans, soybean oil soybean meal, and wheat. The methodology weights the contracts by liquidity (2/3) and US dollar-weighted production (1/3). The contracts can vary in maturity, from one to five months, at any given time. As an ETN, JJG does not issue a K-1 form at tax time, but investors will be exposed to the counterparty risk of the issuer, Barclays. JJG replaced an older ETN with the same ticker. The newer, series B note tracks the same index and avoids path dependency issues. It also includes a call provision. The new version traded under the ticker JJGB until November 16, 2018.
JJG Summary Data
JJG Portfolio Data
JJG Index Data
JJG Portfolio Management
JJG Tax Exposures
JJG Fund Structure
JJG Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of JJG. JJG is rated a 5 out of 5.
JJG Sector Breakdown
JJG Tenor Strategy
JJG invests solely in second-month futures contracts. This means that the fund will be particularly sensitive to changes in spot prices, but may be priced higher or lower than spot, sometimes dramatically.
JJG Rolling Strategy
JJG rolls contracts over an annually pre-determined 5 day period each month.