Company News »

Citi Launches C-Tracks Exchange-Traded Notes Miller/Howard Strategic Dividend Reinvestor

Business Wire
Share on StockTwits
Published on

Citi announced today the listing on NYSE Arca of C-Tracks Exchange-Traded Notes Miller/Howard Strategic Dividend Reinvestor (the “C-Tracks”). The C-Tracks with the ticker symbol “DIVC” will begin trading on September 16, 2014.

http://www.sec.gov/Archives/edgar/data/831001/000095010314006409/dp49425_424b2-mhdivetn.htm

About the C-Tracks Exchange-Traded Notes Miller/Howard Strategic Dividend Reinvestor

The C-Tracks are designed for investors who seek exposure to the performance of the Miller/Howard Strategic Dividend Index Total Return (the “Index”), reduced by an accrued investor fee. Accordingly, the C-Tracks offer a payment at maturity or early redemption that may be greater than, equal to or less than the stated principal amount of the C-Tracks depending on the performance of the Index and certain other factors that may impact the value of the C-Tracks.

Learn more: www.c-tracksetns.com

About the Miller/Howard Strategic Dividend Index Total Return

The Index is a rules-based proprietary index developed by Miller/Howard Strategic Indexes, LLC, and is designed to track the performance of 30 equally weighted stocks traded on U.S. exchanges selected quarterly pursuant to rules based upon certain quantitative fundamental factors, including dividend yield, expected growth of dividend yield, market valuation relative to book value, return on invested capital relative to price-to-earnings ratio and trailing 26-week stock price momentum. The Index accounts for the payment of cash dividends (both ordinary and special) by the constituent stocks by notionally reinvesting the amount of payments into the Index.

Miller/Howard Strategic Dividend Index Total Return Copyright (c) 2014, Miller/Howard Strategic Indexes, LLC. All rights reserved. MILLER/HOWARD is a trademark and service mark of Miller/Howard Strategic Indexes, LLC or its affiliates (collectively, “Licensor”), is used throughout the world, and is used under license for certain purposes by Citi. Reproduction of the Licensor data and information in any form is prohibited except with the prior written permission of Licensor. The investment product referred to herein is not sponsored, endorsed, or distributed by Licensor and Licensor makes no representation regarding the advisability of investing in the product. Because of the possibility of human or mechanical error, Licensor does not guarantee the accuracy, adequacy, completeness or availability of any data and information and is not responsible for any errors or omissions or for the results obtained from the use of such data and information. LICENSOR MAKES NO EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE INDEX OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL THE INDEX PROVIDER OR ANY OF ITS AFFILIATES HAVE ANY LIABILITY FOR ANY DIRECT, SPECIAL, PUNITIVE, INDIRECT, CONSEQUENTIAL OR ANY OTHER DAMAGES (INCLUDING LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY OR OTHERWISE.

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at http://www.citigroup.com | Twitter: @Citi | YouTube: http://www.youtube.com/citi | Blog: http://new.citi.com | Facebook: http://www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi.

Share on StockTwits