PT - JOURNAL ARTICLE AU - Tom Haines TI - The ETN Wrapper DP - 2008 Sep 21 TA - ETFs and Indexing PG - 95--100 VI - 2008 IP - 1 4099 - http://guides.pm-research.com/content/2008/1/95.short 4100 - http://guides.pm-research.com/content/2008/1/95.full AB - The success of Exchange Traded Funds coupled with innovation in the structured products industry sparked the development and growth of the Exchange Traded Note (ETN). The article reviews the structure of the ETN and reviews examples of how the ETN wrapper is providing investors new access to investment strategies and asset classes. The arbitrage mechanics and secondary market trading of ETNs are also highlighted.