MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETNs

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MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETNs
The investment seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the Bloomberg WTI Crude Oil SubindexSM. The fund seeks to meet its investment objective by investing, under normal market conditions, in futures contracts for WTI sweet, light crude oil listed on the NYMEX, ICE Futures U.S. or other U.S. exchanges and listed options on such contracts.