guaranteed ETF--- It cant lose! AJM

Discussion in 'ETFs' started by ambienCR, Oct 22, 2009.

  1. Not ETF's, but ETN's: "These exchange traded notes track the underlying Master Limited Partnership Alerian Index."

    They are promises from your bookie...JPM
  2. Kind of like from the US Government, eh?
  3. Well, yeah, sure, there are political and structural risks to every trade.

    however, i am talking about market risk, there does NOT SEEM TO BE any market risk with AJM.

    its like buying into a tradable annuity no?

    What am i missing??
  4. david goodboy a well know poster on et signs the article
  5. just ask him about it

    screen name_: marketsurfer
  6. Thank you for the info. Did he create these ETN's? I tried sending a PM and Email but it was no accepted. Looks like he hasn't posted on elite for a long time.

    THese ETN's truly look like zero market risk
  7. Yield is roughly 6.6%
    Expense fee is 0.85%

    Real yield ~ 5.75%

    What a bunch of nonsense. Your better off buying the individual companies.