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Ipath Pure Beta Broad Commodity Etn

IPath Pure Beta Broad Commodity ETN (Ticker: BSD) is an exchange-traded note (ETN) that provides investors with exposure to the performance of the S&P GSCI Current Index Excess Return, which is a commodity index that represents the rolling annualized average return of the underlying commodities in the index. The underlying commodities include agriculture, energy, industrial metals, livestock, and precious metals.

Financial Information:

* As of December 31, 2021, the net asset value (NAV) of BSD is $31.50 per share.

* The ETN has an annual management fee of 0.75%.

* The 30-day SEC yield as of January 31, 2022, is 1.15%.

Earnings & Growth:

* As an ETN, BSD does not have traditional earnings or growth in the same way that a stock or a mutual fund would.

* Instead, the value of the ETN is tied to the performance of the S&P GSCI Current Index Excess Return.

* Since its inception in 2010, the ETN has had a negative total return due to the poor performance of commodities over the past decade.

Other Key Information:

* BSD was issued by Barclays Bank PLC and trades on the NYSE Arca.

* It has approximately $18.3 million in assets under management (AUM) as of December 31, 2021.

* BSD has a total of 6,137,885 shares outstanding.

* The top five commodity allocations as of December 31, 2021, are oil (34.6%), natural gas (14.9%), gold (14.4%), wheat (5.6%), and corn (5.5%).

* The ETN may be more suitable for sophisticated investors who are seeking to gain exposure to commodities as a diversification tool or to hedge against inflation.

Please note that investing in BSD involves risks, including the possible loss of the entire amount invested, and may not be suitable for all investors. Investors should carefully read the prospectus and other documents filed by Barclays Bank PLC before investing.