How concerned should holders of DJP be ? This is an "exchange
traded note" (ETN) which follows a broad commodity index. As such,
it is subject to credit risk on the issuing company. IIRC, this is
Barclays. I seem to hear this name mentioned a lot these days ...
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Quote:
Originally Posted by RustyShackleford
Makes sense; I'm happy to "stay the course" as far as that. Buy and hold.
It's the credit risk, of the issuer defaulting, that concerns me. I know
nothing about Barclay.
Google them and read up. Barclay's is a mammoth British bank that seems to be staying mostly above the mess and is rumored to be plundering Lehman;s corpse this very night.
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