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Strategies & Market Trends : Value Investing
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To: rllee who wrote (34411)5/7/2009 9:28:09 AM
From: Paul Senior  Read Replies (2) of 78702
 
AMJ: "Since the MLP stocks in this ETN is held by JP Morgan". I don't know that there are any MLP stocks actually held in the ETN. The ETN is ultimately a note, a promise to pay. Until somebody corrects me, I believe ETN's compared to ETF's have additional risk: the credit risk of the issuer. I don't know why I should take that risk or why AMJ would be better than something like TYN, the current mlp ETF that I hold.
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