FI Enhanced Europe 50 ETN is an exchange-traded note linked to the performance of STOXX Europe 50 USD (Gross Return) Index, less investor fees. The ETN will provide investors with a cash payment at the scheduled maturity or early redemption based on the 2x leveraged performance of the underlying index, STOXX Europe 50 USD (Gross Return) Index. The STOXX Europe 50 index provides a blue-chip representation of supersector leaders in Europe covering almost 50% of the free-float market capitalization of the European stock market. The index covers 50 stocks from 18 European countries: Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and the United Kingdom. The index is weighted quarterly according to free-float market capitalization with components capped at a maximum of 10% and is reviewed annually in September. |