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Strategies & Market Trends : The New SEctor SPDR Funds
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To: Challo Jeregy who wrote (69)2/19/1999 12:26:00 PM
From: Mama Bear  Read Replies (1) of 122
 
Challo, there is a instrument trading under the ticker RUM that tracks the RUT. It's not the same as the SPDR's. It is issued and guaranteed by Merril Lynch. They will buy it back in 2004 for $10 per share if it is lower then. In the meantime, it tracks the index. It pays no dividend.

Barb
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