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Investment Banking & Investment Services
Financial
ETN
VanEck Vectors - Chinese Renminbi/USD ETN is an exchange traded note launched by Morgan Stanley & Co. Incorporated. The note seeks to track the performance of the S&P Chinese Renminbi Total Return Index. The index represents the currency markets. It provides exposure to the value of the Chinese Renminbi relative to the U.S. Dollar. The index tracks the value of rolling three-month non-deliverable currency forward contracts. The ETN will mature on March 31, 2020. It was formerly known as Market Vectors-Chinese Renminbi/USD ETN. VanEck Vectors - Chinese Renminbi/USD ETN was formed on March 14, 2008 and is domiciled in the United States.
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