JPMorgan has listed an ETN that gives exposure to American energy infrastructure, such as pipelines, refineries and storage infrastructure. The product is unlike oil commodity ETFs or Energy ETFs in that it targets "midstream" energy companies (MLPs), which are not directly involved in extraction.
The product tracks the Cushing 30 MLP Index (PPLN:US), an equally weighted index that carries 30 constituents. Investor fees will be around 0.95 per annum.
